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  • Discover a fantastic investment opportunity in the vibrant city of Newburgh with this charming 3-unit property that promises both comfort and profitability. All units are currently rented, generating income at an impressive 11% cap rate, making it an ideal choice for investors and homeowners alike. The first floor features a well-appointed 2-bedroom, 1-bath apartment with a cozy atmosphere and spacious living areas appreciated by current tenants. The first floor also features a studio room and bathroom which can be used for commercial/retail. The second-floor unit is a spacious 3-bedroom, 1-bath apartment with access to a beautifully finished attic, offering versatility for use as a home office, playroom, or storage. With its prime location in Newburgh, known for cultural richness and growth potential, this property offers convenient access to local amenities and a thriving neighborhood with a strong sense of community. Whether you’re looking to expand your investment portfolio or seeking a home that pays for itself, this 3-unit property in Newburgh offers the best of both worlds. Don’t miss this chance to invest in a promising property in a dynamic city.
    $399,000
    View details
    ML# :928995   Discover a fantastic investment opportunity in the vibrant city of Newburgh with this charming 3-unit property that promises both comfort and profitability. All units are currently rented, generating income at an impressive 11% cap rate, making it an ideal choice for investors and homeowners alike. The first floor features a well-appointed 2-bedroom, 1-bath apartment with a cozy atmosphere and spacious living areas appreciated by current tenants. The first floor also features a studio room and bathroom which can be used for commercial/retail. The second-floor unit is a spacious 3-bedroom, 1-bath apartment with access to a beautifully finished attic, offering versatility for use as a home office, playroom, or storage. With its prime location in Newburgh, known for cultural richness and growth potential, this property offers convenient access to local amenities and a thriving neighborhood with a strong sense of community. Whether you’re looking to expand your investment portfolio or seeking a home that pays for itself, this 3-unit property in Newburgh offers the best of both worlds. Don’t miss this chance to invest in a promising property in a dynamic city.
    Call Today: (631) 283-1000, or  Email: Gold Coast Homes & Estates
    MLS
    Presented by: Avion  845-388-1216
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