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MANHASSET LONG ISLAND NEW YORK
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160 N Miller Street, Newburgh, NY, 12550 $379,000

Single Family For Sale 6 Beds , 2 Full Bath , 1584 SqFt 

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Details ML#: H6302287  

  • Style: Townhouse
  • # of Families: 2
  • Year Built: 1900
  • Taxes: $5,844
  • Status:Active

Description

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. Additional Information: HeatingFuel:Oil Above Ground,

More Property Details

Room Information

Bedroom: 6   Full Bath: 2  

Property Features

Lot Size: 0.0795   Lot Sq Ft: 3463   Approx. Int. Sq. Ft.: 1584.00   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Oil, Baseboard   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $5,844  

Local Area Information

School District: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL  

Listing Information provided courtesy of Corcoran Baer & McIntosh  845-500-0059
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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