Incredible Investment & Development Opportunity!
Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space.
What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities.
Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property.
Whether you’re looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting.
PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.
- Heating System:
- Oil, Hot Water, See Remarks
- Cooling System:
- No
- Basement:
- Unfinished, Bilco Door(s)
- Patio:
- Porch
- Appliances:
- Refrigerator, Gas Range
- Flooring:
- Carpet, Linoleum
- Garage Spaces:
- 2
- Interior Features:
- Eat-in Kitchen
- Laundry Features:
- In Kitchen
- Lot Features:
- Cleared, Rolling Slope, Corners Marked, Near Shops, Front Yard, See Remarks, Split Possible
- Parking Features:
- Detached
- Sewer:
- Public Sewer
- Utilities:
- Cable Available, Trash Collection Private, Water Connected, Electricity Connected, Sewer Connected
- City:
- Newburgh (town)
- State:
- NY
- Street:
- 5th
- Street Number:
- 89
- Street Suffix:
- Avenue
- Postal Code:
- 12550
- Floor Number:
- 0
- Longitude:
- W75° 57' 4.2''
- Latitude:
- N41° 31' 22.5''
- Directions:
- Gardnertown Rd or S Plank Rd to 89 5th Avenue
- PostalCity:
- Newburgh
- Architectural Style:
- Colonial
- Construction Materials:
- Unknown
- Elementary School:
- Newburgh
- High School:
- Newburgh Free Academy
- Agent MlsId:
- 38948
- MiddleOrJunior School:
- Newburgh
- PhotosCount:
- 16
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $4,510
- Water Source:
- Public
- Office MlsId:
- GLSP01
Residential - MLS# 1010502
89 5th Avenue, Newburgh (town), NY
- Property Type :
- Residential
- Property SubType :
- Single Family Residence
- Listing Type :
- For Rent
- Listing ID :
- 1010502
- Price :
- $460,000
- Rooms :
- 5
- Bedrooms :
- 3
- Bathrooms :
- 1
- Half Bathrooms :
- 1
- Bathrooms Total :
- 2
- Square Footage :
- 1,336 Sqft
- Lot Area :
- 3.10 Acre
- Year Built :
- 1847
- Status :
- Active
- Listing Agent :
- Jodi M Gillespie
- Listing Office :
- Gillespie Real Estate LLC
