Description
RARE FIND, great brick income producing investment property in the heart of the City of Newburgh. This well maintained building is the home to long term reliable tenants some month to month leases. Abundant street parking. Currently 7 apartments Some rents are below market value, gross annual rents could increase to close to $100,000 annually. Tremendous potential in an up and coming area, close to shops, restaurant's, transportation, hospital, collages . 48 Hour's notice required for showings and proof of funds or pre approval required in advance. long term investment property, or for 1031 exchange. all facts and figures to be verified by buyer.
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13BEDS
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0.05ACRES
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7BATHS
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01/2 BATHS
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5,200SQFT
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$129$/SQFT
School Information
Description
RARE FIND, great brick income producing investment property in the heart of the City of Newburgh. This well maintained building is the home to long term reliable tenants some month to month leases. Abundant street parking. Currently 7 apartments Some rents are below market value, gross annual rents could increase to close to $100,000 annually. Tremendous potential in an up and coming area, close to shops, restaurant's, transportation, hospital, collages . 48 Hour's notice required for showings and proof of funds or pre approval required in advance. long term investment property, or for 1031 exchange. all facts and figures to be verified by buyer.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2023-02-08T23:17:55.52.