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Fully renovated historic Victorian legal two-family with a rare interior connection ideal for mother-daughter or multigenerational living, located in the heart of Newburgh. This turn-key property beautifully blends 1900s architectural charm with modern luxury upgrades, offering exceptional flexibility for owner-occupants, multigenerational households, or investors seeking strong rental income. This unique multi-unit property offers exceptional flexibility—ideal for an owner-occupant seeking strong rental income, an investor looking for a low-maintenance asset, or a multigenerational household in search of space and privacy. What sets this property apart is its rare interior connection between the two units, highlighted by a stunning original wooden staircase and beautifully preserved woodwork. This thoughtful layout allows the home to function as a traditional legal two-family, while also offering the option of a mother-daughter or multigenerational living arrangement, creating a seamless flow between levels while maintaining separate living spaces. Property Specifications (Per Public Record) Year Built: 1900 (Approx. ) Total Bedrooms: 7 Total Bathrooms: 4 Total Finished Sq. Ft. : 2, 955 Architectural Details: Brick Exterior, Victorian Style Timeless Charm Step inside and experience the character of a classic Newburgh Victorian. The home features soaring high ceilings, expansive original windows that flood the space with natural light, and breathtaking antique woodwork throughout. Architectural highlights include the grand original staircase, functional pocket doors, and beautifully preserved trim, offering a rare blend of history and craftsmanship that is increasingly difficult to find. Unique Flexible Layout This three-level property provides exceptional versatility. The upper levels feature spacious living areas, bedrooms, and bathrooms, while the lower level offers a fully renovated kitchen and living space of its own. With two kitchens and interior access between floors, the home can comfortably function as: • A traditional legal two-family income property • An owner-occupied home with rental income • A mother-daughter or multigenerational residence • Or even a large single-family home with expansive living space This rare flexibility makes the property ideal for buyers seeking both lifestyle and investment potential. Brand New Luxury Renovations Every system and surface has been upgraded with high-end finishes and modern infrastructure, providing tenants and owners with comfort and peace of mind. MECHANICAL & INFRASTRUCTURE New Heating: Two separate, highly efficient combi gas boilers (one for each unit) providing both heat and on-demand hot water. Safety & Core Systems: All new plumbing and electrical systems, plus a mandated sprinkler system installed throughout. Exterior: A beautifully restored historic front porch, preserving the home’s original charm. INTERIOR FINISHES Gourmet Kitchens: Both units feature brand-new kitchens with sleek, upscale finishes, including luxurious quartz countertops and stylish matching backsplashes. Premium Appliances: Outfitted with a full suite of new LG smart appliances in both kitchens. In-Unit Laundry: Each unit includes its own brand-new LG washer and dryer. Spa-Like Baths: Both units boast beautifully renovated bathrooms with new tiling, modern vanities, elegant hardware, and new toilets. The primary bath offers a true spa-like retreat. Aesthetics: Fresh paint, new doors, refinished original trim, and updated flooring throughout the entire property. This property offers the best of both worlds: the architectural beauty and historic character of a classic Newburgh Victorian combined with the comfort and efficiency of all-new mechanical systems and luxury turnkey finishes. Don't miss the opportunity to own a fully revitalized piece of Newburgh history with exceptional flexibility for modern living.
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$659,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $527,200 | $527,200 | $527,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | $412 | $412 | $412 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,035 | $3,203 | $4,273 |
| Total Monthly Payment | $3,539 | $3,707 | $4,777 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.