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Property Description

Discover a fantastic investment opportunity in the vibrant city of Newburgh with this charming 3-unit property that promises both comfort and profitability. All units are currently rented, generating income at an impressive 11% cap rate, making it an ideal choice for investors and homeowners alike. The first floor features a well-appointed 2-bedroom, 1-bath apartment with a cozy atmosphere and spacious living areas appreciated by current tenants. The first floor also features a studio room and bathroom which can be used for commercial/retail. The second-floor unit is a spacious 3-bedroom, 1-bath apartment with access to a beautifully finished attic, offering versatility for use as a home office, playroom, or storage. With its prime location in Newburgh, known for cultural richness and growth potential, this property offers convenient access to local amenities and a thriving neighborhood with a strong sense of community. Whether you’re looking to expand your investment portfolio or seeking a home that pays for itself, this 3-unit property in Newburgh offers the best of both worlds. Don’t miss this chance to invest in a promising property in a dynamic city.

Features
Heating System:
Baseboard
Cooling System:
Central Air
Basement:
Unfinished
Interior Features:
Eat-in Kitchen, Entrance Foyer, Open Kitchen, Open Floorplan, High Ceilings, Pantry, Original Details, Washer/dryer Hookup, Formal Dining, Natural Woodwork
Lot Features:
Cleared
Parking Features:
On Street
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected, Phone Connected
Address Map
City:
Newburgh (city)
State:
NY
County:
Orange County
Property and Construction
Architectural Style:
Colonial
Development Status:
Frame
Elementary School:
Meadow Hill Global Explorations Magn
High School:
Newburgh Free Academy
Agent MlsId:
45369
Office MlsId:
AVION1
MiddleOrJunior School:
MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
Number Of Units:
2
Special Listing Conditions:
No
Tax Annual Amount:
$4,686
Water Source:
Public
PhotosCount:
19

Residential Income For Sale

72 Wisner Avenue, Newburgh (city), NY

5 Bedrooms
3 Bathrooms
$369,000
Listing ID #928995
Basic Details
Property Type :
Residential Income
Property SubType :
Duplex
Listing ID :
928995
Price :
$369,000
Bedrooms :
5
Bathrooms :
3
Bathrooms Total :
3
Building Area :
2,060 Sqft
Year Built :
1968
Status :
Active
Status :
Active
Listing Office :
Avion
Listing Agent :
Avigder Samet
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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