163 Chambers ST Active Save Request In-Person Tour Request Virtual Tour
Newburgh,NY 12550
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 893445
Bedrooms 9
Full Baths 4
Year Built 1890
Annual Tax Amount $8,938
Lot Size 2,500 Sqft
Property Sub-Type Quadruplex
Property Description
*Exceptional Investment Opportunity!*
Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success.
*Key Highlights:*
- *Strong Cap Rate*: 10.5%+ potential for high returns on investment
- *Renovated Property*: Modern amenities and reduced maintenance costs
- *Prime Location*: Scenic views and growth potential in Newburgh's heart
- *Income Potential*: 4-unit building with stable rental income potential
*Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
Location
State NY
County Orange County
Interior
Heating Baseboard,Other
Cooling Wall/Window Unit(s)
Exterior
Fence Back Yard
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Trash Collection Public,Water Connected
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Middle Schools Meadow Hill Global Explorations Magnet School
High Schools Newburgh
School District Newburgh
Others
Special Listing Condition None