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Single Family House for Sale in Newburgh, Newburgh (town), Orange County, NY 12550 | Web ID: 1038103 | $569,000

12 Russo Drive , Newburgh , NY 12550

 
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Property Description

Great Investment Opportunity Is Knocking On Your Door! Location, Location, Location! This Multi-family Investment Property Is Looking For New Ownership. Located In The Town Of Newburgh And Within The Marlboro School District, This Property Offers Excellent Potential For Investors. The Property Consists Of Three Residential Units, Each With Its Own Electric Meter. The First Floor Features A Spacious, Walk-in 3-bedroom, 2-bathroom Apartment With A Laundry Room. The Second Floor Offers Two 1-bedroom, 1-bathroom Apartments, That Share A Common Staircase And Entrance On The Right Side Of The Building. There Is Also A Full Basement That Could Potentially Be Incorporated Into The First-floor Apartment To Create A Large Living Space For An Owner-occupant. Alternatively, It Could Potentially Be Converted Into A Fourth Unit, As It Was Previously Used Years Ago, Subject To Updates And Required Code Upgrades, Including A Sprinkler System And Other Improvements. The Property's Desirable Location Makes It Attractive To Renters, Particularly Those Seeking Access To The Marlboro School District. Don't Miss This Excellent Investment Opportunity In A Sought-after Location!

Property Information

Location/Town Newburgh (Town)
Area/County Orange County
Post Office/Postal City Newburgh
Prop. Type Single Family House for Sale
Style Modern
Tax $8,176.00
Bedrooms 5
Total Baths 4
Full Baths 4
Year Built 1940
Basement Full, Unfinished, Walk-Out Access
Construction Brick, Frame, Stucco
Total Units 3
Lot SqFt 29,125
Cooling Wall/Window Unit(s)
Heat Source Electric
Util Incl Electricity Connected, Water Connected
Condition Actual
Days On Market 1
Lot Features Front Yard, Level, Near Public Transit, Near School, Near Shops
Parking Features Driveway, Parking Lot
Tax Assessed Value 65000
Units 3
School District Marlboro
Middle School Marlboro Middle School
Elementary School Marlboro Elementary School
High School Marlboro Central High School
Features First floor bedroom, first floor full bath, natural woodwork
Listing information courtesy of: Preferred Properties Real Esta

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