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Single Family House for Sale in Newburgh, Newburgh (town), Orange County, NY 12550 | Web ID: 1010502 | $449,000

89 5th Avenue , Newburgh , NY 12550

 
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Property Description

Incredible Investment & Development Opportunity! Step Back In Time With This Charming 1800s Colonial Situated On A Beautiful 3.1-acre Parcel Offering Endless Possibilities. This Home Features 3 Bedrooms, 1.5 Bathrooms, And A Spacious Detached Two-car Garage With Impressive 12-foot Ceiling, Perfect For Storage, A Workshop, Or Hobby Space. What Truly Sets This Property Apart Is Its Exceptional Potential. A Proposed Subdivision For Four Additional Building Lots Is Nearly Completed Creating A Rare Opportunity For Investors, Developers, Or Anyone Looking To Maximize Future Value. With An Existing Tenant Already In Place, Buyers May Benefit From Immediate Rental Income While Exploring Future Development Opportunities. Enjoy The Best Of Both Worlds, Peaceful Country Living With Convenient Access To Parks, Shopping, Restaurants, Schools, And Major Commuter Routes. The Picturesque Setting, Mature Trees, And Expansive Acreage Make This A Truly Special Property. Whether You're Looking For An Investment Property, Development Opportunity, Or A Charming Historic Home With Room To Grow, This Unique Offering Deserves Your Attention. Long Term Tenant Would Love To Stay And Continue Renting. Please Do Not Drive Up The Driveway Without A Confirmed Appointment With A Licensed Agent. Thank You.

Property Information

Location/Town Newburgh (Town)
Area/County Orange County
Post Office/Postal City Newburgh
Prop. Type Single Family House for Sale
Style Colonial
Tax $4,510.00
Bedrooms 3
Total Rooms 5
Total Baths 2
Full Baths 1
3/4 Baths 1
Year Built 1847
Basement Bilco Door(s), Unfinished
Construction Unknown
Lot SqFt 135,036
Cooling None
Heat Source Hot Water, Oil, See
Util Incl Cable Available, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Property Amenities Subdivision paperwork
Condition Actual
Patio Porch
Days On Market 56
Lot Features Cleared, Corners Marked, Front Yard, Near Shops, Rolling Slope, See Remarks, Split Possible
Parking Features Detached
Tax Assessed Value 38700
School District Newburgh
Middle School Newburgh
Elementary School Newburgh
High School Newburgh Free Academy
Features Eat-in kitchen
Listing information courtesy of: Gillespie Real Estate LLC

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Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
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