72 Wisner Avenue, Newburgh, NY, 12550
$399,000
Multi Family
For Sale
6 Beds
, 3 Full Bath
Details
ML#: 928995
- Style: Colonial
- # of Families: 2
- Year Built: 1968
- Taxes: $4,686
- Status:Active
Description
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.
More Property Details
Bedroom: 6
Full Bath: 3
Lot Size: 0.0689
Lot Sq Ft: 3000
Parking Spaces: Yes
Parking Facilities: On Street
Heat: Baseboard
A/C: Central Air
Water: Public
Sewer: Public Sewer
Taxes: $4,686
School District: Meadow Hill Global Explorations Magn
Block: 1
Lot: 54
Listing Information provided courtesy of
Avion
845-388-1216