72 Wisner Avenue,Newburgh, NY 12550
Newburgh, NY 12550
Description
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 beauty shop. 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.
Details
| MLS # | 1035564 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1968 |
| Days On Site | 41 |
| Listing Provided By | Avion | Avigder Samet |
Features
| SQ Feet | 2,060 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Acreage | 0.07 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Baseboard |
Exterior
| Construction Materials | Frame |
|---|---|
| Lot Features | Cleared |
Parking
| Parking Features | On Street |
|---|
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 143000 |
| Tax Annual Amount | 4685.6 |
| Tax Lot | 54 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Newburgh Free Academy |
| Elementary School | Meadow Hill Global Explorations |
| High School | Newburgh Free Academy |
| Listing VS Median (in 12550) | |
Price: $339,000 low | high Med: $399,000 sqft: 2,060 low | high Med: 2,051 $ / sqft: $165 low | high Med: $195 On site: 41 low | high Med: 66 | |
Market Activity 12550
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Newburgh Free Academy |
| Elementary School | Meadow Hill Global Explorations |
| High School | Newburgh Free Academy |
| Listing VS Median (in 12550) | |
Price: $339,000 low | high Med: $399,000 sqft: 2,060 low | high Med: 2,051 $ / sqft: $165 low | high Med: $195 On site: 41 low | high Med: 66 | |
