$1,150,000 ($208.03 per sqft)

Est. Mortgage $6,198/mo *

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18 Old North Plank Road, Newburgh, NY, 12550

18 Old North Plank Road, Newburgh, NY, 12550
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14 beds

1930

Multi Family

5,528 sqft

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.

Status:

Active

Type:

Multi-family

Units:

8

Garage:

Parking Lot

Heating:

Propane, Baseboard

Cooling:

None

Basement:

Full

Acreage:

2.4

Est. Taxes:

$14,677

Assessment

$135,400

Construction

Frame, Aluminum Siding, Vinyl Siding

Elementary School:

Magnet Sch of Math Science & Design

Middle School:

Call Listing Agent

High School:

Newburgh Free Academy

School District:

Newburgh

MLS #:

H6293746

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Exit Realty Venture (845) 537-0116