$1,150,000

18 Old North Plank Road, Newburgh, NY 12550, Newburgh NY 12550

Bedrooms: 14
Square Footage: 5528.00
Status: Active
Days on Market: 64
MLS ID: ONEH6293746

Property Description

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.

Property Details

Bedrooms: 14
Square Footage: 5528.00
Type: Residential Income
Year Built: 1930
Lot Size: 2.4
Taxes: 14677
Basement: Full
Construction Materials: Frame,Aluminum Siding,Vinyl Siding
Heating: Propane,Baseboard
Parking Features: Parking Lot
Sewer: Public Sewer

Other Features

Map

Listed By: Exit Realty Venture

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