251,253,255,257 Washington Street, Newburgh, New York 12550 (MLS# H6207593)
Residential Income listing in Orange County
Listing IDH6207593
Sold For$660,000
StatusClosed
Sold Date5/31/2023
Bedrooms15
Home SqFt
11,602
Acres
0.230
CountyOrange
Year Built1900
Property TypeResidential Income
Property Sub TypeMulti Family
Rare investment find! Calling out to serious investors to claim this package deal consisting of multiple listings located on Washington Street in Historic Newburgh location! 6.5% Cap rate, see income & expense sheet in the second photo. Over 11,500 sqft in total, divided in 9 units including a bakery and 8 residential units. All units are fully occupied running a month to month lease at a low rent rate that could be increased. The bakery is about to renew a 5 year lease. In addition, 251 Washington includes an extra parcel with many opportunities to build! Amazing opportunity you don't want to miss out on! Grab this super deal before it's gone!
County
Orange
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1900
Garbage Removal
Public
Mls Status
U
Year Built Source
Estimated
High Price Dollars
900000
Maintenance Expense
6810
Modifications Exclusions
M3 IAW
Other Expense
8799
Owner Pays
Insurance
Tax Annual Amount
29785
Tax Map Number
331100-038-000-0002-007.100-0000
Tenant Pays
None
Trash Expense
1136
Area Units
Square Feet
Area Units
Square Feet
Common Walls
2+ Common Walls
Cooling
yes
Cooling Type
Window Unit(s)
Heating
Natural Gas, Hot Water, Steam
Hot Water Features
Gas Stand Alone
Number Of 1 Bedrooms
4
Number Of 2 Bedrooms
4
Number Of 4 Bedrooms
1
Square Footage
11602.00
Square Footage Source
Municipality
Attached Garage
no
Garage
no
Lot Size Area
0.23
Lot Size Source
Other
Lot Size Square Feet
9949
Lot Size Units
Acres
Number Of Separate Electric Meters
3
Number Of Separate Gas Meters
3
Number Of Units Total
9
Parking Features
On Street
Property Attached
yes
Road Responsibility
Public Maintained Road
Sewer
Public Sewer
State Or Province
NY
Water Source
Public
Elementary School
Magnet Sch of Math Science & Design
Elementary School District
Newburgh
High School
Newburgh Free Academy
High School District
Newburgh
Middle Or Junior School
Call Listing Agent
Middle Or Junior School District
Newburgh
MLS Area Minor
99
Senior Community
no
Township
Newburgh
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