113 Lander Street, Newburgh, NY, 12550 | $150,000

This spacious single-family home offers tremendous potential in a rapidly moving real estate market. Perfect for investors, it’s priced to sell and reflects the need for some updates. Size & Structure: Very large layout with a solid structure. Heating: Gas hot water system. Outdoor Space: Generous backyard and rear entrance. Natural Light: Sunlight pours into the front of the building all afternoon Location: Close to the riverfront and just 10–15 minutes from shopping centers Add your personal touch and transform this property into a valuable asset in the city. Cash only, renovations have been done for someone to compete with their own touch. A/O contracts out ?? Welcome to 113 Lander Street – Where Opportunity Meets Charm Step into this generously sized single-family home full of promise and potential. Whether you're an investor seeking a prime addition to your portfolio or a dream-home hunter ready to make your mark, this property checks every box. ? Key Features Spacious layout with a sturdy, well-built structure Efficient gas hot water heating for comfort year-round Sun-drenched front rooms bask in afternoon light Expansive backyard with a separate rear entrance – perfect for entertaining or future enhancements Nestled close to the scenic riverfront and just 10–15 minutes from major shopping centers ??? The home does need some updating, but that’s where the magic happens. With your personal touch, this property can become one of the city’s hidden gems. The price reflects the work needed, making it a smart buy in today’s dynamic real estate market. Don't miss out on this chance to create something truly special. Come see the potential for yourself!

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 1 full / 1 half
  • Style: Colonial
  • Year Built: 1900
  • Heating: Natural Gas
  • Cooling: None
  • Basement: None
  • Approx Sq. Feet: 2,500
  • Acreage: 0.06
  • Est. Taxes: $5,092
  • Elem. School: Fostertown Etc Magnet School
  • Middle School: Heritage Middle School
  • High School: Newburgh Free Academy
  • School District: Newburgh
  • Appliances: None
  • MLS#: 899301
  • Days on Market: 67 days
  • Website: https://www.raveis.com
    /prop/899301/113landerstreet_newburgh_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of John J Lease REALTORS Inc   Phone: 845-565-2800

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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

113 Lander Street, Newburgh, NY, 12550

$150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $120,000 $120,000 $120,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.866%
Monthly Tax Payment $424 $424 $424
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $719 $749 $988
Total Monthly Payment $1,218 $1,248 $1,487

* 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.