163 Chambers Street, Newburgh, NY

$589,000

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9

Beds

4

Baths

2,880

Square feet

0.06

Acres

About 163 Chambers Street

*Exceptional Investment Opportunity!* Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. *Key Highlights:* - *Strong Cap Rate*: 10.5%+ potential for high returns on investment - *Renovated Property*: Modern amenities and reduced maintenance costs - *Prime Location*: Scenic views and growth potential in Newburgh's heart - *Income Potential*: 4-unit building with stable rental income potential *Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!

Features of 163 Chambers Street

MLS® # 893445
Price $589,000
Bedrooms 9
Bathrooms 4.00
Full Baths 4
Square Footage 2,880
Acres 0.06
Year Built 1890
Type Residential
Sub-Type Quadruplex
Status Pending

Community Information

Address 163 Chambers Street
City Newburgh
County Orange County
State NY
Zip Code 12550

Additional Information

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Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Is Waterfront No
Has Pool No

Interior

Interior Features Other
Heating Baseboard, Other
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Construction Brick

School Information

District Newburgh
Middle MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
High Newburgh Free Academy

Additional Information

Short Sale No
RE / Bank Owned No
Taxes (total) $8,939

Listing Details

OfficeJoseph Polatseck

Listing Map

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