Price Reduced 9.33%

$340,000 ($138.78 per sqft)

Est. Mortgage $1,808/mo *

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Price History

$375,000
9/3/2024

$340,000
9/16/2024


181 First Street, Newburgh, (Newburgh City), NY, 12550

181 First Street, Newburgh, (Newburgh City), NY, 12550

5 beds

2 Full baths

1900

Townhouse

2,450 sqft

Check out this rare opportunity to own a beautiful two family brick row house. Each apartment has 2 floors. Buyers might consider living in one unit and renting the other to pay the mortgage. The building was gutted and completely renovated in 1994 and has had updates since then. Gas & electric are split & paid by tenants. Tenants are long term and on month to month leases. Rents are scheduled to go up 12/1/24 to #1 $1,533 and #2 $1,134. There are multiple amenities close by in downtown Newburgh & It is close to Downing Park designed by Central Park landscape architect Fredrick Olmstead and near many charming shops and cafes on the Liberty St corridor. The property is close to NY Stewart International Airport and other nearby amenities including SUNY Orange, Mount St. Mary's College, shopping, cafes, restaurants, galleries, studio rentals, post office, bars, Washington's Headquarters Historic site, Newburgh Waterfront and the Ferry to the Metro North Train Station & NY City.


Status:

Active

Town:

Newburgh

Type:

Multi-family

Units:

2

Heating:

Natural Gas, Baseboard

Cooling:

None

Basement:

Finished

Parking:

On Street

Acreage:

0.07

Est. Taxes:

$3,204

Assessment

$111,800

Construction

Brick

Lot Description:

Historic District, Near Public Transit

Elementary School:

Magnet Sch of Math Science & Design

Middle School:

Heritage Middle School

High School:

Newburgh Free Academy

School District:

Newburgh

MLS #:

H6324068


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Brick and Mortar RE LLC 845 2833561