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154 3rd Street, Newburgh, NY, 12550 | $675,000
Welcome to 154 3rd Street, a truly turn-key, fully renovated historic two-family residence that brilliantly marries 1900's charm with state-of-the-art modern living. This multi-unit property is an ideal opportunity for an owner-occupier seeking strong rental income or an investor looking for a low-maintenance, high-quality asset in the heart of Newburgh. 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: Enjoy soaring high ceilings, expansive original windows flooding the units with natural light, and breathtaking antique woodwork, including the grand original stairs and functional pocket doors. 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: Restored, historically charming front porch. INTERIOR FINISHES: Gourmet Kitchens: Both units feature brand new kitchens with sleek, upscale finishes, including luxurious quartz countertops and a stylish matching backsplash. Premium Appliances: Outfitted with a complete 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 flooring throughout the entire property. This property offers the best of both worlds: the architectural beauty of a historical building with the financial benefits of all-new, high-efficiency mechanicals and luxury, turn-key finishes. Don't miss the opportunity to own a fully-revitalized piece of Newburgh history!
Features
- Bedrooms: 8
- Baths: 4 full
- Laundry: In Basement, In Unit, Laundry Room, Multiple Locations
- Style: Victorian
- Year Built: 1900
- Heating: Natural Gas
- Cooling: None
- Basement: Full
- Acreage: 0.04
- Est. Taxes: $4,938
- MLS#: 929952
- Days on Market: 23 days
- Website: https://www.raveis.com
/prop/929952/1543rdstreet_newburgh_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
154 3rd Street, Newburgh, NY, 12550
$675,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $412 | $412 | $412 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,151 | $3,281 | $4,377 |
| Total Monthly Payment | $3,655 | $3,785 | $4,881 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535