Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
Listing photo for 160 N Miller Street, Newburgh City, NY
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160 N Miller Street,

Newburgh City, NY

$399,000

6 Beds
2 Baths
1,584 Sqft
0.08 Acres

Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental income or continue as purely an investment property. Four bedroom unit needs extensive renovations but could be restored to its former glory after current tenants move out at the end of September. Each unit has separate utilities and meters. Rents are fully covered by Section 8 with guaranteed payments and could continue moving forward.

Facts & Features
MLS® # H6302287
Price $399,000
Bedrooms 6
Bathrooms 2.00
Full Baths 2
Square Footage 1,584
Acres 0.08
Year Built 1900
Type Residential Income
Sub-Type Multi Family
Style Townhouse
Status Active
MLS hgmls
Community Information
Address 160 N Miller Street
City Newburgh City
County Orange
State NY
Zip Code 12550
Amenities
Parking On Street
Is Waterfront No
Has Pool No
Interior
Interior Hardwood
Interior Features Eat-in Kitchen
Heating Oil, Baseboard
Cooling None
Has Basement Yes
Basement Partial
Fireplace No
Exterior
Lot Description Level, Near Public Transit
Construction Frame, Brick
School Information
District Newburgh
Elementary Magnet Sch of Math Science & Design
Middle Call Listing Agent
High Newburgh Free Academy
Additional Information
Date Listed August 7th, 2024
Days on Market 2
Short Sale No
RE / Bank Owned No
Listing Details
Listing Courtesy of Corcoran Baer & McIntosh
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Listing information last updated on August 9th, 2024 at 9:50am EDT.