26 City Terrace Newburgh, NY $ 315,000
26 City Terrace
$ 315,000
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26 City Terrace

Newburgh, NY, 12550
$ 315,000
Bedrooms5 Baths2.0 Sq 1,942

Monthly Estimate*

$ 2,094

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Multi-Family Home for sale in Newburgh, NY

for $315,000 with 5 bedrooms and 2 full baths. This 1,942 square foot home was built in 1890 on a lot size of 0.05.

Welcome to 26 City Terrace, Newburgh, NY - an exceptional multifamily investment opportunity that combines convenience and potential income. Situated in a prime location, this property is perfectly positioned for commuters, outdoor enthusiasts, and investors looking for a promising venture. Located just moments away from major highways, residents here enjoy quick and easy access to neighboring cities and attractions. The scenic Newburgh waterfront, with its charming restaurants and recreational activities, is within reach, offering a delightful lifestyle to your future tenants or homeowners. Additionally, the proximity to the Beacon Train Station ensures seamless connectivity to the Metro-North Railroad, making it a breeze for commuters to reach New York City and the Hudson Valley. This property comprises two distinct units, making it an ideal income-generating investment. The top unit has the potential for 2 to 3 bedrooms, complete with full kitchen and bath, making it perfect for families or individuals seeking generous living space. Meanwhile, the lower unit features 2 bedrooms, living room, kitchen, and bath providing a cozy and functional residence. Investors, seize this golden opportunity to maximize your returns in the thriving Newburgh real estate market. Sold as-is. Come join in Newburgh's renaissance! This won't last!

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Multi-Family Pending

Price

$ 315,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,979

Style

Two Story

Lot Size

0.05

Year Built

1890

Town/City

Newburgh

County/Region

Orange

MLS | Web ID

H6294131

Features
Interior
Basement Partial Unfinished
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General
Architectural Style Two Story
High School Newburgh Free Academy
High School District Newburgh
Elementary School Magnet Sch of Math Science & Design
Middle/Junior High School Call Listing Agent
Middle/Junior School District Newburgh
Elementary School District Newburgh
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* Excluded Features
List By
Charnie Guttmann

Listing Agent

Erealty Advisors, Inc

Broker

cg0767@gmail.com

Email

Affordability Calculator

$2,675
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,094
Monthly Property Taxes
$582
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101491 Elementary School
4099678 Middle School
Newburgh Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$315,000 Listed Price

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26 City Terrace, Newburgh, NY, 12550 is a Multi-Family Home for sale at $315,000 with 1,942 sqft and a lot size of 0.05. 26 City Terrace has 5 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 12550 which is in Newburgh, NY