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Description |
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Nestled on the charming, sidewalk-lined South Street in Newburgh, NY, this delightful multi-family home perfectly blends historic charm with modern convenience. Built in 1900, it boasts unique period details, including charming trim work and classic cast iron radiators, bringing a touch of timeless elegance that you don't find in newer homes.rnLocated near the picturesque Downing Park, one of Newburgh's most beloved green spaces, this home offers a generous lot with private parking and a backyard brimming with potential. Imagine transforming the outdoor space into your own private oasis, all while enjoying the conveniences of city living. At this price point, it's an ideal opportunity for owner-occupiers looking to generate extra income while enjoying the best of Newburgh. rnrnBoth units of the property are currently owner-occupied, but are estimated to rent out for 1,900 per month. For investors, the income potential is impressive, with much of the groundwork already done: separate hot water heaters, individual gas meters, and separate electric meters for each unit ensure a smooth, efficient setup for rental income.rnrnPlease note that the rental income figures are projections based on current market values, as there are no existing leases in place. These estimates are provided for informational purposes only and actual rental income may vary. A/O 8/22
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Room Sizes |
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Location |
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Details |
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Parking - Off Street, Oversized
Basement - Full
Interior Features - First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Washer/Dryer Hookup
Appliances - Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Lot Features - City Lot, Private
Cooling - Wall/Window Unit(s)
Heating - Hot Water, Natural Gas
Sewer - Public Sewer
Water - Public
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