203 Grand

$849,000

6 Beds 6 Baths 5,320 sqft
203 Grand Newburgh City, NY

2121

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
5,320 sqft
Lot size
N/A
Tax
$ 19,900
$ /sqft
$ 160
Tenant Occupied
No
Parking Space
0
Building
-
On market
14 days
$ /sqft
$ 160
Type
other
Year Built
1880
Unit
-
Zip Code
12550
Ref./MLS ID
H6070081

DESCRIPTION

Beautiful corner brick income producing investment property in the heart of the city of newburgh's renaissance.  This grand old dame is well maintained and home to long term reliable tenants.  Period details throughout and updated units.  Abundant street parking.  Currently 6 apartments and one garage, but could be easily converted to 7 apartments and one garage.  Some rents are below market value.  With updated rents and conversion to 7 units, gross annual rents could increase from $88,200 to $126,300.  Tremendous potential in an up and coming area that is also a designated opportunity zone.  48 hour's notice required for showings and proof of funds or pre approval required in advance.  


Data is provided by OneKey MLS.

Listed on September 15, 2020 by Amy Coccia Wilhelm from William Raveis Baer & McIntosh, this other is for sale. 6/6 other for sale in Newburgh City listed at $849,000, Reference H6070081

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