284 Washington Street

Newburgh, NY 12550 Directions
$800,000
  • 23Bed
  • 8Baths
  • 9,396Sqft
  • 0.15Acres
  • 1900Built
  • MagnetElementary

Property Highlights

  • Mid. School: Magnet
  • High School: Nfa
  • Price/Sqft: $85
  • Days on Market: 33
  • MLS: 4840539

Property Highlights

  • Mid. School: Magnet
  • High School: Nfa
  • Price/Sqft: $85
  • Days on Market: 33
  • MLS: 4840539

Two side by side buildings located in the historic district of Newburgh, NY; consisting of a 5 unit building and a 3 unit building. The portfolio totals 8 fully rented units and an additional garage for storage or office space. There is a potential upside for an investor to increase rental income as some rents are below market value. The current owner has managed and maintained all properties on a daily basis, and has made improvements to the buildings both recently and over the years. Located in a desirable area of downtown Newburgh close to shops, restaurants, parks, museums, galleries, the waterfront and transportation including a ferry to...

Property Highlights

  • Mid. School: Magnet
  • High School: Nfa
  • Price/Sqft: $85
  • Days on Market: 33
  • MLS: 4840539

Two side by side buildings located in the historic district of Newburgh, NY; consisting of a 5 unit building and a 3 unit building. The portfolio totals 8 fully rented units and an additional garage for storage or office space. There is a potential upside for an investor to increase rental income as some rents are below market value. The current owner has managed and maintained all properties on a daily basis, and has made improvements to the buildings both recently and over the years. Located in a desirable area of downtown Newburgh close to shops, restaurants, parks, museums, galleries, the waterfront and transportation including a ferry to Beacon. All properties are located within a short drive of I-84 and I-87, as well as Route 9W and Route 17K giving tenants easy access to the surrounding Hudson Valley and beyond. Additional financial information is available

Two side by side buildings located in the historic district of Newburgh, NY; consisting of a 5 unit building and a 3 unit building. The portfolio totals 8 fully rented units and an additional garage for storage or office space. There is a potential upside for an investor to increase rental income as some rents are below market value. The current owner has managed and maintained all properties on a daily basis, and has made improvements to the buildings both recently and over the years. Located in a desirable area of downtown Newburgh close to shops, restaurants, parks, museums, galleries, the waterfront and transportation including a ferry to Beacon. All properties are located within a short drive of I-84 and I-87, as well as Route 9W and Route 17K giving tenants easy access to the surrounding Hudson Valley and beyond. Additional financial information is available

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  • Additional Information
    • Basement Description: Unfinished
    • Days On Market: 32
    • Elementary School: Magnet
    • High School: Nfa
    • Living Area SqFt: 9,396
    • Middle School: Magnet
    • Parking: Street Parking
    • School District: Newburgh
    • Sewer: Municipal
    • Status: Active
    • Tax Amount: $18,248
    • Tax Source: Municipality
    • Tax Year: 2017
    • Trash Fee: 2508
    • Type: Multi-Family 5+
    • Unit Count: 8
    • Unit Type: Row Dwelling
    • Year Built: 1900
    • Year Built Details: Estimated
  • Amenities
    • Close to Bus
    • Close to Park
    • Close to Shops
    • Eat in Kitchen
    • Near Public Transportation
  • Interior/Exterior Features
    • Air Conditioning: Window Units
    • Beds: 23
    • Exterior Siding: Brick, Vinyl
    • Full Baths: 8
    • Heat: Forced Air
    • Heat Fuel: Natural Gas
    • Hot Water: Gas Stand Alone
    • Living SqFt Source: Municipality
    • Total Baths: 8

Listing Courtesy of Keller Williams Hudsn Vly Untd.

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