New Listing - 06/10/2026
89 5th Avenue, Newburgh, NY, 12550
5 rooms
3 beds
1 Full / 1 Half baths
1847
Colonial
1,336 sqft
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.
Status:
Active
Type:
Single-family residential
Laundry Remarks:
In Kitchen
Garage:
2-car
Heating:
Hot Water, Oil, See Remarks
Cooling:
None
Basement:
Bilco Door(s), Unfinished
Parking:
6-car, Detached
Acreage:
3.1
Est. Taxes:
$4,510
Assessment
$38,700
Construction
Unknown
Utilities
Cable Available, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Lot Description:
Cleared, Corners Marked, Front Yard, Near Shops, Rolling Slope, See Remarks, Split Possible
Elementary School:
Newburgh
Middle School:
Newburgh
High School:
Newburgh Free Academy
School District:
Newburgh
Days on Market:
2
Appliances:
Gas Range, Refrigerator
MLS #:
1010502
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Gillespie Real Estate LLC 845-565-7073