$360,000 ($191.08 per sqft)

Pending

Est. Mortgage $1,797/mo *

Quick Pre-Approval

332 South Street, Newburgh, NY, 12550

332 South Street, Newburgh, NY, 12550

10 rooms

4 beds

2 Full baths

1900

Other

1,884 sqft

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. A/O 8/22


Status:

Pending

Type:

Single-family residential

Laundry Remarks:

Inside

Heating:

Hot Water, Natural Gas

Cooling:

Wall/Window Unit(s)

Basement:

Full

Parking:

Off Street, Oversized

Acreage:

0.14

Est. Taxes:

$10,565

Assessment

$399,300

Construction

Other

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Lot Description:

City Lot, Private

Elementary School:

Newburgh

Middle School:

Newburgh

High School:

Newburgh Free Academy

School District:

Newburgh

Days on Market:

83

Appliances:

Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator

MLS #:

896692


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Hello Dolly Real Estate 845-691-2126