332 South ST Save Request In-Person Tour Request Virtual Tour
Newburgh,NY 12550
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $191
MLS Listing ID 20253489
Style Other
Bedrooms 4
Year Built 1900
Annual Tax Amount $10,565
Tax Year 10565
Lot Size 6,098 Sqft
Property Sub-Type Multi Family
Property Description
Nestled on the charming, sidewalk-lined South Street in Newburgh, NY, this delightful multi-family home perfectly blends historic charm with modern convenience. Built in 1900, it boasts unique period details, including charming trim work and classic cast iron radiators, bringing a touch of timeless elegance that you don't find in newer homes.
Located near the picturesque Downing Park, one of Newburgh's most beloved green spaces, this home offers a generous lot with private parking and a backyard brimming with potential. Imagine transforming the outdoor space into your own private oasis, all while enjoying the conveniences of city living. At this price point, it's an ideal opportunity for owner-occupiers looking to generate extra income while enjoying the best of Newburgh.
Both units of the property are currently owner-occupied, but are estimated to rent out for 1,900 per month. For investors, the income potential is impressive, with much of the groundwork already done: separate hot water heaters, individual gas meters, and separate electric meters for each unit ensure a smooth, efficient setup for rental income.
Please note that the rental income figures are projections based on current market values, as there are no existing leases in place. These estimates are provided for informational purposes only and actual rental income may vary.
Location
State NY
County Orange
Area Newburgh
Zoning RL
Interior
Heating Hot Water,Natural Gas
Flooring Combination,Tile,Wood
Laundry In Unit,Inside
Exterior
Exterior Feature Private Yard
Utilities Available Electricity Available,Natural Gas Connected,See Remarks
Roof Type Asphalt
Building
Lot Description Back Yard,City Lot,Level
Foundation Stone
Sewer Public Sewer
Water Public
Schools
High Schools Newburgh City Schools
School District Newburgh City Schools