163 Chambers Street, Newburgh, NY 12550
- Beds
- 9
- Baths
- 4
- Sqft
- 2,880
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
*Exceptional Investment Opportunity!*
Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success.
*Key Highlights:*
- *Strong Cap Rate*: 10.5%+ potential for high returns on investment
- *Renovated Property*: Modern amenities and reduced maintenance costs
- *Prime Location*: Scenic views and growth potential in Newburgh's heart
- *Income Potential*: 4-unit building with stable rental income potential
*Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 9
- Number of bathrooms
- 4
- Square feet
- 2,880
- Lot size (acres)
- 0.06
- Year built
- 1890
Utilities
- Heating
- Baseboard, Other
- Cooling
- Wall/window unit(s)
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $3,421
Taxes
- Tax Annual Amount
- $8,938.69
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 893445 Last checked: …

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