Investors Dream! 3-Family, brick exterior building located in the City of Newburgh! All units were completely renovated in 2020. Two are occupied with long-term tenants. Enjoy a continuous stream of income in the growing rental market. Total rental income is $4,050/mo. Located in Newburgh s Historic District, William street is the site for one of Habitat Newburgh's largest block projects, and has undergone immense transformation in the past 2 years! It is close to stores and restaurants on Broadway, Liberty St, the waterfront and the Beacon Ferry. Near Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital. Five min drive to I-84, 15 min to Beacon Metro-North train station & Stewart Airport, 75 min to NYC. Tenants pay for gas and electricity. Landlord pays for water, sewer, and sanitation. There are 3 electric meters, 3 gas meters, and 3 hot water heaters. Sold as-is. This won t last! Come join the Newburgh renaissance! Package deal: 6 units for $700K. Can purchase in combination with 141 William Street, Newburgh NY. Inquire regarding financial projections for the package deal.
Off market
$541,400
137 William St, Newburgh, NY 12550
6beds
1,860sqft
MultiFamily
Built in 1895
-- sqft lot
$541,400 Zestimate®
$291/sqft
$2,152 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Other
Cooling
- None
Interior area
- Total interior livable area: 1,860 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 2,178 sqft
Details
- Parcel number: 331100451027
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
Condition
- Year built: 1895
Community & neighborhood
Location
- Region: Newburgh
Services availability
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Estimated market value
$541,400