Under contract

72 Wisner Ave, Newburgh, NY 12550

Beds
5
Baths
3
Sqft
2,060

View property features, location on map, relevant school information and overview from seller's agent.

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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
3
Square feet
2,060
Lot size (acres)
0.07
Year built
1968

Interior features

Basement
Yes, Finished

Utilities

Heating
Baseboard
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Insurance
$225

Taxes

Tax Annual Amount (2025)
$4,685.60

Public schools

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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®#: 928995 Last checked:

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