Investment Property on Grand Street for Sale
7 Family Apartment Building in the Heart of Newburgh, NY
A unique opportunity to own a well cared for 7 unit apartment building in the City of Newburgh, NY.
~ Investor alert ~ MLS# 4651209
Call for an appointment to view this 7 unit Multi-Family building now
Offered for sale at $389,000
7 Family Apartment Building in the Historic District of Newburgh NY
153 Grand Street is close to the Newburgh Waterfront, St Luke’s Hospital and transportation.
153 Grand Street, Newburgh NY is a turnkey property and a great investment. This 7 family apartment has many of the original details including hardwood floors, and pocket doors, along with beautiful fireplaces on the first and second floors. There are 5 one bedroom apartments and 2 two bedroom apartments. You will notice all the units are bright and spacious with ample closet space.
The building is all electric with 8 meters and all the tenants pay their own electric bills. Recent updates include windows, and newer mechanicals. Operating expenses are water, sewer, trash, taxes, insurance and maintenance, with details available upon request.
Features:
- Commercial Property
- 63 Miles north of NYC
- Access to I 84 and I 87
- Built in 1890
- Near Stewart Airport
- 6,692 Sq Ft
- 3 Story Brick Building
- 1 Basement apartment
- Fire escape
- newer windows
- Near St Luke’s Hospital
- 7 apartments
- 9 Bedroom 7 Bath
- Tenants Pay Utitilies
- All electric
- turn-key
It’s time to invest in the City of Newburgh, NY. The demand for housing is on the rise, and these units are easy to rent out. Investors are scooping up properties in the area as Newburgh is undergoing a major rejuvenation. We are seeing major changes as Newburgh becomes the new “Brooklyn”. Don’t miss out on your opportunity to own this apartment building on one of the most popular streets in the City of Newburgh’s Historic District.
Map of 153 Grand Street Newburgh, NY 12550
Call or email me now for a private showing:
153 Grand Street, Newburgh, NY 12550 MLS# 4651209
published by: your real estate expert Janis Borgueta Key Properties of the Hudson Valley. To receive more real estate info and updates please subscribe to this blog. You can contact Janis at (845)-527-7115 for more info.
All info on this page has been obtained from various sources and is deemed reliable, but all buyers should be certain to verify any information of special interest with an independent source.
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