Investment Property in Newburgh, NY – 288 South St, Newburgh, NY 12550

May 2, 2022

Under Contract
$195,000
Investment / Residential
288 South Street 
Newburgh, New York
Year Built:
1900
Bedrooms:
4
Bathrooms:
2
Building Size:
1624 sq. ft.
Lot Size:
.04 acres

Excellent investment opportunity. Good money-maker with two long-term, reliable month-to-month tenants who pay their own utilities; landlord pays water/sewer. Units are in good condition but need updating. Electric heat, 5 zones per unit; 2 meters. Appliances approx. 5 years old; two water heaters 4 years old, 40-gal capacity. Identical 2-bedroom, 1-bath units, top over bottom, corner lot, off-street parking for one car. Great location across from Downing Park and within walking distance of shops, buses, school, waterfront. Minutes from 1-87, 1-84, Newburgh-Beacon Ferry, Stewart Int’l Airport, just about an hour to NYC. Selling “as is”.

Click on the photo for more photos and area information

Join Our Newsletter

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Phasellus lacinia velit a feugiat finibus. Morbi iaculis diam id tellus iaculis, eu pretium metus fermentu

Translate »