23 City Terrace Unit A, Newburgh, NY, 12550
$299,888
Multi Family
For Sale
5 Beds
, 2 Full Bath
Details
ML#: 859778
- # of Families: 2
- Year Built: 1880
- Taxes: $10,726
- Status:Active
Description
Pride of ownership shows throughout this two family building! Both units are in good condition and the long term tenant is very happy with their accommodations. Owner gives a glowing report of on time monthly rent payment! The bottom unit has 2 Bedrooms, 1 bath and the upstairs unit has 3 Bedrooms and 1 bath and is currently vacant for the choosing of your new tenant and deciding on the rent you desire! This property has 6 off street parking spots behind the building that can be used for your tenants or rented out. All 6 spots are currently rented on a monthly bases. The building boasts, New roof and separate meters for gas and electric (a hard find in multi families!) as well as two furnaces (one of which was replaced in 2022) All windows have been remediated and encapsulated to prevent any issues with lead paint. Close to schools, parks, and bus transportation. You will enjoy being 5 minutes to the Newburgh Riverfront district that boasts some of the Hudson Valley’s most fine and casual dining. The Newburgh-Beacon Ferry will give you a ten minute ride across the river to the MTA, Beacon’s Main Street shops and dining galore! Overall, you will love the many cultural art galleries, pick your own farms and much more! If you are an investor this has a decent return rate!
More Property Details
Bedroom: 5
Full Bath: 2
Lot Size: 0.0574
Lot Sq Ft: 2500
Parking Spaces: Yes
Parking Spaces: 6
Parking Facilities: Off Street, On Street, Private
Heat: Baseboard, Natural Gas
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $10,726
Maintenance: $500
School District#: 1
School District: Newburgh
Listing Information provided courtesy of
John J Lease REALTORS Inc
845-565-2800