160 N Miller Street
Newburgh City, NY 12550
$379,000
6 beds | 2 baths | 0.08 acres | #H6302287
For Sale
Description
Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental income or continue as purely an investment property. Four bedroom unit needs extensive renovations but could be restored to its former glory after current tenants move out at the end of September. Each unit has separate utilities and meters. Rents are fully covered by Section 8 with guaranteed payments and could continue moving forward.
Interior Details
Interior Features
- Interior:Eat-in Kitchen
Heating & Cooling
- Heating:Oil, Baseboard
Beds & Baths
- Bedrooms:6
- Bathrooms:2
- Full Baths:2
Property Details
Property
- Lot description:Level, Near Public Transit
Measurements
- Acres:0.08
Parking
- Parking features:On Street
Construction Details
Type & Style
- Property type:Purchase
- Basement:1
Condition
- Year built:1900
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
Community and Neighborhood Details
Community
- Community features:Park
Location
- School district:Newburgh
- Elementary School:Magnet Sch of Math Science & Design
- Middle School:Call Listing Agent
- High School:Newburgh Free Academy
- County:Orange
Financial Details
Pricing Details
- Original List Price:$399, 000
- Taxes annual:$5, 844
Other
Source
- MLS #:H6302287
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Amy Coccia Wilhelm
Listing Office: Corcoran Baer & McIntosh
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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