$1,150,000

Pending

Est. Mortgage $5,815/mo *

Quick Pre-Approval

18 Old North Plank Road, Newburgh, NY, 12550

18 Old North Plank Road, Newburgh, NY, 12550

1930

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.


Status:

Pending

Type:

Commercial

Units:

8

Heating:

Propane

Cooling:

None

Basement:

Full

Parking:

Parking Lot

Acreage:

2.4

Est. Taxes:

$14,677

Assessment

$135,400

Construction

Aluminum Siding, Frame, Vinyl Siding

Utilities

Trash Collection Private

Middle School:

MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

High School:

Newburgh Free Academy

School District:

Newburgh

Days on Market:

55

Appliances:

Electric Water Heater

MLS #:

H6293746


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Exit Realty Venture (845) 537-0116