Listing Courtesy of: ONEKEY (MLSI & Hudson Gateway) / Better Homes And Gardens Rand Realty Ramsey / Laura Suarez-Davila
$575,000
15
BED
6
BATH
7,568
SQFT
  81-83 William Street Newburgh, NY 12550
Pending (51 Days)

Comments

Rare investment opportunity awaits you! Fully occupied, 6-unit multi-family, located in Newburgh s Historic District! Investors dream; low maintenance brick property with a continuous stream of income in growing rental market. Two 3 Units buildings are on the same deed. 81 William has three 2-bedroom apartments. 83 Williams has one studio apartment and two 4-bedroom apartments. Total rental income is $5,875/month. Room for rental upside. New epdm roof installed in the summer of 2018. Close to stores, restaurants on Broadway and Dawning Park and Beacon Ferry. Five minutes drive to I-84, 15 minutes to Beacon Metro-North train station & Stewart Airport, 75 minutes to NYC. Tenants pay electric and gas. There are 6 hot water heaters, and 6 gas and electric meters.

MLS #
H6007962
Taxes
$8,751
Lot Size
3,999 SQFT
Type
Multifamily
Year Built
1891
School District
Newburgh
County
Orange County
Bathroom Details
  • Full Bathrooms: 6
Lot Information
  • Historic District
  • Near Public Transit
Heating and Cooling
  • Electric
  • Natural Gas
  • Baseboard
  • Forced Air
  • None
  • Window Unit(s)
Basement Information
  • Full
  • Unfinished
Utility Information
  • Sewer: Public Sewer
  • Energy: Brick
School Information
  • High School: Newburgh Free Academy
Parking
  • None
  • Off Street
Living Area
  • 7,568 sqft
Location
   
Calculate drive times to this property
 

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Jaime Harsha Troy
Jaime Harsha Troy
Lic. 1435085