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26 City TER Newburgh, NY 12550
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Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,942 sqft
Price per Sqft $159
MLS Listing ID H6294131
Sold Date 06/17/24
Style Two Story
Bedrooms 5
Full Baths 2
Originating Board onekey
Rental Info No
Year Built 1890
Annual Tax Amount $6,979
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Welcome to 26 City Terrace, Newburgh, NY - an exceptional multifamily investment opportunity that combines convenience and potential income. Situated in a prime location, this property is perfectly positioned for commuters, outdoor enthusiasts, and investors looking for a promising venture. Located just moments away from major highways, residents here enjoy quick and easy access to neighboring cities and attractions. The scenic Newburgh waterfront, with its charming restaurants and recreational activities, is within reach, offering a delightful lifestyle to your future tenants or homeowners. Additionally, the proximity to the Beacon Train Station ensures seamless connectivity to the Metro-North Railroad, making it a breeze for commuters to reach New York City and the Hudson Valley. This property comprises two distinct units, making it an ideal income-generating investment. The top unit has the potential for 2 to 3 bedrooms, complete with full kitchen and bath, making it perfect for families or individuals seeking generous living space. Meanwhile, the lower unit features 2 bedrooms, living room, kitchen, and bath providing a cozy and functional residence. Investors, seize this golden opportunity to maximize your returns in the thriving Newburgh real estate market. Sold as-is. Come join in Newburgh's renaissance! This won't last!
Location
State NY
County Orange
Rooms
Basement Partial, Unfinished
Interior
Interior Features Master Downstairs, Eat-in Kitchen
Heating Natural Gas, Gravity
Cooling None, Wall Unit(s)
Fireplace No
Exterior
Garage Common
Parking Type Common
Garage false
Building
Lot Description Level, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Advanced Framing Technique,Brick,Stucco
Schools
Elementary Schools Magnet Sch Of Math Science & Design
Middle Schools Call Listing Agent
High Schools Newburgh Free Academy
School District Newburgh
Others
Senior Community Yes
Special Listing Condition None
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Bought with eXp Realty