$340,000

181 First Street, Newburgh, NY 12550, Newburgh City NY 12550

Bedrooms: 5
Bathrooms: 2
Square Footage: 2450.00
Status: Active
Days on Market: 16
MLS ID: ONEH6324068

Property Description

Check out this rare opportunity to own a beautiful two family brick row house. Each apartment has 2 floors. Buyers might consider living in one unit and renting the other to pay the mortgage. The building was gutted and completely renovated in 1994 and has had updates since then. Gas & electric are split & paid by tenants. Tenants are long term and on month to month leases. Rents are scheduled to go up 12/1/24 to #1 $1,533 and #2 $1,134. There are multiple amenities close by in downtown Newburgh & It is close to Downing Park designed by Central Park landscape architect Fredrick Olmstead and near many charming shops and cafes on the Liberty St corridor. The property is close to NY Stewart International Airport and other nearby amenities including SUNY Orange, Mount St. Mary's College, shopping, cafes, restaurants, galleries, studio rentals, post office, bars, Washington's Headquarters Historic site, Newburgh Waterfront and the Ferry to the Metro North Train Station & NY City.

Property Details

Bedrooms: 5
Bathrooms: 2
Square Footage: 2450.00
Type: Residential Income
Year Built: 1900
Lot Size: 0.07
Taxes: 3204
Style: Townhouse
Basement: Finished
Construction Materials: Brick
Heating: Natural Gas,Baseboard
Parking Features: On Street
Sewer: Public Sewer

Other Features

Map

Listed By: Brick and Mortar RE LLC

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