Price History
$799,000
8/12/2024
$825,000
5/6/2025
Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. Commercial space has a strong, new national tenant. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.
Status:
Active
Type:
Commercial
Units:
5
Heating:
Heat Pump, Natural Gas
Cooling:
Ductless
Parking:
On Street
Acreage:
0.05
Est. Taxes:
$9,890
Assessment
$704,000
School District:
Newburgh
Days on Market:
304
Appliances:
Gas Water Heater
MLS #:
H6322675
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of Rand Commercial 845 2943100
