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

May 2, 2022

Under Contract
Investment / Residential
288 South Street 
Newburgh, New York
Year Built:
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”.

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