Discover this beautifully maintained brick 3 family home, offering both comfort and income potential. Three separate units, each thoughtfully designed for homeowners and investors alike.
Recently renovated kitchen and bathrooms with contemporary finishes. New elegant and durable flooring throughout, adding warmth and character. Some new plumbing and water heating systems. As per owner roof is 2 years old.
With a strong rental income opportunity, this home is perfect for an investor seeking cash flow or a homeowner looking to offset mortgage costs with rental income.
Type:
Single-family residential
Heating:
Natural Gas, See Remarks
Basement:
Full, Unfinished, Walk-Out Access
Construction
Block, Brick
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Lot Description:
Back Yard
Elementary School:
Newburgh
High School:
Newburgh Free Academy
School District:
Newburgh
85 City Terrace, Newburgh, NY, 12550
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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