72 Wisner Avenue, Newburgh, NY 12550

• 6 beds |
• 3 baths |
• 2,060 sqft

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

Interior

• General: Eat-in KitchenEntrance FoyerFormal DiningHigh CeilingsNatural WoodworkOpen FloorplanOpen KitchenOriginal DetailsPantryWasher/Dryer Hookup
• Basement: Unfinished
• A/C: Central Air
• Heating: Baseboard

Exterior

• Style: Colonial
• Parking: On Street

Location

• Originating MLS: onekey2
• School District: Newburgh
• County: Orange County

Lot

• Zoning: 331100-026-000-0001-054.000-0000

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2

This listing courtesy of Avion