$419,000

72 Wisner Avenue, Newburgh, NY 12550

  • 6 beds |
  • 3 baths |
  • 2,060 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon3,001sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $203/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Discover a fantastic investment opportunity in the vibrant city of Newburgh with this charming 3-unit property that promises both comfort and profitability. All units are currently rented, generating income at an impressive 11% cap rate, making it an ideal choice for investors and homeowners alike. The first floor features a well-appointed 2-bedroom, 1-bath apartment with a cozy atmosphere and spacious living areas appreciated by current tenants. The first floor also features a studio room and bathroom which can be used for commercial/retail. The second-floor unit is a spacious 3-bedroom, 1-bath apartment with access to a beautifully finished attic, offering versatility for use as a home office, playroom, or storage. With its prime location in Newburgh, known for cultural richness and growth potential, this property offers convenient access to local amenities and a thriving neighborhood with a strong sense of community. Whether you're looking to expand your investment portfolio or seeking a home that pays for itself, this 3-unit property in Newburgh offers the best of both worlds. Don’t miss this chance to invest in a promising property in a dynamic city.

Listing Status:
Active
Listing Office:
Avion : 845-388-1216
MLS ID:
928995
  • General: Eat-in KitchenEntrance FoyerFormal DiningHigh CeilingsNatural WoodworkOpen FloorplanOpen KitchenOriginal DetailsPantryWasher/Dryer Hookup
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Baseboard
  • Style: Colonial
  • Parking: On Street
  • Originating MLS: onekey2
  • School District: Newburgh
  • County: Orange County
  • Zoning: 331100-026-000-0001-054.000-0000
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Avion

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gams High Tech Magnet School

300 Gidney Ave, Newburgh, NY, 12550

Grades PK-5

1.08 miles away

M

Meadow Hill Global Explorations Magnet School

124 Meadow Hill Rd, Newburgh, NY, 12550

Grades KG-8

2.75 miles away

N

Newburgh Free Academy

201 Fullerton Ave, Newburgh, NY, 12550

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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