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