8 Mill Street, Newburgh, NY 12550

$220,000
3
BD
2
BA
1,500
SqFt
List Price
$220,000
Days on Market
8
MLS#
H6112856
Status
ACTIVE
Property Type
Multi Family
Style
2 Story
Year Built
1900
Property Tax
$4,186
Neighborhood
Newburgh City
School District
Newburgh
High School
Newburgh Free Academy
Jr. High
Call Listing Agent
Elementary School
Magnet Sch Of Math Science & Design

Property Description

CITY OF NEWBURGH 2 FAMILY INVESTMENT PROPERTY IN THE HISTORIC DISTRICT...Currently rented with month to month leases to long term up to date good standing tenants. Older building but completely functioning with separate utilities gas, electric and tenants pay own utilities. Full walk out basement used by the landlord. Rents are below market value by 10% -15%. Well kept exterior of the property. Interior needs some uplifting and can use some TLC if new landlord wishes to do so for possible higher income. Nice investment easy to handle with not much overhead in heart of City of Newburgh. Easily accessible and walking distance to all commercial uses needed on daily basis... general services, amenities, bus service and low fair taxi services. Walking distance to a community pool, play grounds, Washington Headquarters, Newburgh Water front, Ferry to Beacon Metro North train station..etc. Short drive to Metro North Beacon train station, West Point and Storm King Art Outdoor Center.

Additional Information

Bedrooms
3
Bathrooms
2
Full Baths
2
Square Footage
1,500
Acres
0.05
Parking
On Street
Basement
Full, Unfinished, Walk-Out Access
Heating
Natural Gas, Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Calculator source: Real Geeks

Listing courtesy of George K Koudounas from RE/MAX Benchmark Realty Group


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