Price Reduced 8.35%
Price History
$1,090,000
8/23/2024
$999,000
9/9/2024
9,11,13 E Parmenter Street, Newburgh, (Newburgh City), NY, 12550
10 beds
6 Full baths
1850
Multi Family
5,270 sqft
Welcome to this stunningly multi-family home, a gem in the heart of Newburgh city. This property is not just a home, but a massive investment opportunity. Each of the six units boasts a private entrance, ensuring privacy and convenience for all residents. The building has been completely renovated, with brand-new gas boilers for 5 units. The property also features a separate new electric boiler for the single-family house. Parking will never be an issue here, with a lot of space available, plus the bonus of three garages. These garages could be rented out, providing an additional income stream. The units are spacious and well-designed, with four of them featuring two bedrooms, a living room, and a kitchen. The remaining two units are equally comfortable, with one bedroom, a living room, and a kitchen. The best part? They're all vacant and ready for you to handpick your tenants. With an estimated gross yearly income of $127,800. It's a great investment waiting to reward its new owner.
Status:
Active
Town:
Newburgh
Type:
Multi-family
Units:
6
Garage:
1-car Detached
Heating:
Natural Gas, Baseboard
Cooling:
Window Unit(s)
Parking:
Garage, Private
Acreage:
0.09
Est. Taxes:
$19,831
Assessment
$600,000
Elementary School:
Magnet Sch of Math Science & Design
Middle School:
Call Listing Agent
High School:
Newburgh Free Academy
School District:
Newburgh
MLS #:
H6324511
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of MS Realty Group USA, Inc 845-3677470