Share this with your friends
(917) 719-1715
WealthWise Realty
12 Russo Drive, Newburgh, NY 12550
- $529,000
- 5
- BD
- 4
- BA
- List Price
- $529,000
- Status
- ACTIVE
- MLS#
- 1038103
- Price Change
- ▼ $40,000 1789692055
- Year Built
- 1940
- Style
- Modern
- Bedrooms
- 5
- Bathrooms
- 4
- Acres
- 0.67
Property Description
Great investment opportunity is knocking on your door! Location, location, location! This multi-family investment property is looking for new ownership. Located in the Town of Newburgh and within the Marlboro School District, this property offers excellent potential for investors. The property consists of three residential units, each with its own electric meter. The first floor features a spacious, walk-in 3-bedroom, 2-bathroom apartment with a laundry room. The second floor offers two 1-bedroom, 1-bathroom apartments, that share a common staircase and entrance on the right side of the building. There is also a full basement that could potentially be incorporated into the first-floor apartment to create a large living space for an owner-occupant. Alternatively, it could potentially be converted into a fourth unit, as it was previously used years ago, subject to updates and required code upgrades, including a sprinkler system and other improvements. The property's desirable location makes it attractive to renters, particularly those seeking access to the Marlboro School District. Don't miss this excellent investment opportunity in a sought-after location!
/u.realgeeks.media/wealthwiserealty/Logo-1_1-min.png){kind=logo}
Additional Information
- Taxes
- $8,175
- Lot Size
- 29,125
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Natural Woodwork
- Flooring
- Hardwood
- Heating
- Electric
- Cooling System Type
- Wall/Window Unit(s)
- Sewer
- Septic Tank
- Water Source
- Public
- Basement
- Full, Unfinished, Walk-Out Access
- Elementary School
- Marlboro Elementary School
- Middle School
- Marlboro Middle School
- High School
- Marlboro Central High School
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Listing Agent: Joel Winkler (Jwinklerhomesales@gmail.com) from Listing Office: Preferred Properties Real Esta.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.