Property Details

Overview

Welcome to this stunningly multi-family home, a gem in the heart of Newburgh city. This property is not just a home, but a massive investment opportunity. Each of the six units boasts a private entrance, ensuring privacy and convenience for all residents. The building has been completely renovated, with brand-new gas boilers for 5 units. The property also features a separate new electric boiler for the single-family house. Parking will never be an issue here, with a lot of space available, plus the bonus of three garages. These garages could be rented out, providing an additional income stream. The units are spacious and well-designed, with four of them featuring two bedrooms, a living room, and a kitchen. The remaining two units are equally comfortable, with one bedroom, a living room, and a kitchen. The best part? They’re all vacant and ready for you to handpick your tenants. With an estimated gross yearly income of $127, 800. It’s a great investment waiting to reward its new owner.