Description

Discover a prime investment opportunity in the heart of Newburgh’s exciting revitalization at 119 Chambers Street. This well-maintained three-family property offers both solid rental income and future growth potential in one of the Hudson Valley’s most promising markets. With a desirable location directly across from a park and just minutes from Newburgh’s renowned waterfront, this property appeals to both investors and owner-occupants alike. The building consists of two spacious 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, providing flexible living arrangements for tenants or extended family. One of the units is currently vacant, creating an outstanding opportunity for an owner-occupant buyer to move right in while generating income from the remaining apartments. Tenants pay all utilities, ensuring lower overhead costs and strong cash flow for the next owner. The home has been thoughtfully cared for and offers immediate rental appeal with its solid construction and convenient location. Residents will love being across from open green space and only a short distance from the riverfront dining, shops, and cultural attractions that make Newburgh such a vibrant place to live. Commuters enjoy easy access to the Newburgh-Beacon Bridge, I-84, the Newburgh Ferry to the Metro-North Hudson Line, and Stewart International Airport. Whether you’re seeking a stable income-producing property, a live-and-rent opportunity, or a foothold in one of the Hudson Valley’s fastest-growing urban markets, 119 Chambers Street delivers. Join in the ongoing revitalization of Newburgh with this attractive multi-family property and take advantage of its desirable location, strong rental potential, and long-term value.