231 3rd Street

    Newburgh, NY 12550
    • $845,000
    • STATUS: Active
    • ON SITE: 213 days
    • MLS #: 4844568
    UPDATED: 39 min ago
    $845,000
    • 24
      BEDS
    • 0.08
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 8,804
      SQFT
    • $96
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Nfa
    School District:

    Description

    Rare investment opportunity! 10 unit, turnkey portfolio for sale in the up and coming city of Newburgh, NY. The portfolio is comprised of five duplexes including: 231 3rd St, 32 Concord St, 34 Concord St, 61 Hasbrouck St and 72 Hasbrouck St. All the properties have undergone improvements and the apartments have been rehabilitated and well-maintained. Separate meters for gas, electric and w/s have been installed at each property, so tenants pay all utilities. Below market rents create a potential upside & in addition, 3 of the 5 properties are located within a qualified opportunity zone, providing an economic incentive for an investor. The properties are located in close proximity to downtown Newburgh's shops, restaurants, parks, museums, galleries, the waterfront & multiple forms of transportation, including a ferry to Beacon. All properties are located within a short drive of I-84, I-87, Route 9W and Route 17K . PROOF OF FUNDS REQUIRED PRIOR TO SHOWING!

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    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-04-25T11:15:41.553.
    www.westchesterhomesnow.com/homes/87862910

    231 3rd Street Newburgh, NY 12550

    • Price: $845,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 4844568
    24
    Beds
    11
    Baths
    0
    ½ Baths
    0.08
    Acres
    8,804
    SQFT
    $96
    $/SQFT
    1890
    Built
    Neighborhood:
    Newburgh City
    County:
    Orange
    Area:
    Newburgh City
    Elementary School:
    Magnet
    Middle School:
    Magnet
    High School:
    Nfa
    School District:
    Newburgh
    Property Description
    Rare investment opportunity! 10 unit, turnkey portfolio for sale in the up and coming city of Newburgh, NY. The portfolio is comprised of five duplexes including: 231 3rd St, 32 Concord St, 34 Concord St, 61 Hasbrouck St and 72 Hasbrouck St. All the properties have undergone improvements and the apartments have been rehabilitated and well-maintained. Separate meters for gas, electric and w/s have been installed at each property, so tenants pay all utilities. Below market rents create a potential upside & in addition, 3 of the 5 properties are located within a qualified opportunity zone, providing an economic incentive for an investor. The properties are located in close proximity to downtown Newburgh's shops, restaurants, parks, museums, galleries, the waterfront & multiple forms of transportation, including a ferry to Beacon. All properties are located within a short drive of I-84, I-87, Route 9W and Route 17K . PROOF OF FUNDS REQUIRED PRIOR TO SHOWING!
    Exterior Features

    Construction Description BlockBrickFrame Lot Description Level Parking Street Parking Parking Spaces 0 Siding Description BrickVinyl Street Type Public Water Access YN No

    Interior Features

    Air Conditioning NoneWindow Units Attic Description None Heating Fuel Natural Gas Heating Type Forced AirRadiant Hot Water Gas Stand Alone Num Of1 Bedrooms 0 Num Of2 Bedrooms 10 Num Of3 Bedrooms 0 Num Of4 Bedrooms 0

    Property Features

    Adult55 Community No Amenities Close To BusClose To ParkClose To ShopsPorch Garbage Private Gas Available YN Yes Reo Bank Owned 0 Sewer Description Municipal Sq Ft Source Municipality Tax Amount 16450 Tax Source Other Tax Year 2017 Type Of Unit Duplex Village None Water Description Municipal

    Listing courtesy of James F. Walker of Keller Williams Hudsn Vly Untd.

    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.


    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-04-25T11:15:41.553.
     
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