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
Estimated Payment
$ 2,805.77 per month $1,820.36 Principal & Interest $880.42 Property Tax $105.00 Homeowner's InsuranceListing By
Agency Name: Hello Dolly Real Estate
Agency Phone: 845-691-2126
Shown By
Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes
332 South Street | MLS# 896692
This single family home located at 332 South Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $360,000. This property was built in 1900 and has 4 bedrooms and 2 full baths with 1884 sq. ft. South Street is located within the Newburgh school district. Search Newburgh real estate on www.soldbybryan.com today.