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$ 1,200,000
Est. payment /mo
Pending
26 Crest RD Newburgh, NY 12550
3.2 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1039787
Rental Info No
Year Built 1938
Annual Tax Amount $22,197
Lot Size 3.200 Acres
Acres 3.2
Property Sub-Type Multi Family
Source onekey2
Property Description
Here's an opportunity to own a versatile commercial property with two buildings and a total of 9 units. 7 units in the first building and 2 units in the second. Currently fully rented, the property offers established rental income and multiple revenue streams, making it an attractive addition to an investment portfolio. But the possibilities don't stop there. This property could also be an excellent option for an owner-occupant looking for their place to call home while benefiting from rental income from the remaining units. The existing rent roll can help offset ownership expenses and support your investment strategy, creating an appealing combination of business use and income-producing space. Whether you're an investor seeking a fully rented property with multiple income streams or an owner-user looking for a place to reside while generating rental income, this property offers flexibility and potential. With two buildings, nine units, established rental income, and the option for owner occupancy, this is an opportunity worth taking a closer look at.
Location
State NY
County Orange County
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway, Garage, Private
Utilities Available Electricity Connected
Building
Sewer Septic Tank
Water Public
Structure Type Wood Siding
Schools
Elementary Schools Fostertown Etc Magnet School
Middle Schools Heritage Middle School
High Schools Newburgh
School District Newburgh
Others
Special Listing Condition None
Listed by Century 21 Alliance Rlty Group • Anthony DeGelormo
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