Homes for sale - Address not disclosed, Newburgh, NY 12550

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DEXTER PHILLIP

dexter.phillip@exprealty.com +1(917) 809-9210

$ 799,000

Est. payment | -/mo

2,339 Sqft Lot

Save

$ 799,000

Est. payment | -/mo

Save

2,339 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYH6322675

Originating Board onekey2

Rental Info No

Annual Tax Amount $9,890

Lot Size 2,339 Sqft

Acres 0.0537

Property Description

Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.

Location

State NY

County Orange County

Interior

Heating Heat Pump, Natural Gas

Cooling Ductless

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features On Street

Building

Sewer Public Sewer

Water Public

Schools

School District Newburgh

Others

Special Listing Condition None

Listed by Rand Commercial

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+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

Address not disclosed Newburgh, NY 12550