N/A, Newburgh, NY

$825,000

Previous Next

4,640

Square feet

0.05

Acres

About N/A

Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. Commercial space has a strong, new national tenant. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.

Features of N/A

MLS® # H6322675
Price $825,000
Bathrooms 0.00
Square Footage 4,640
Acres 0.05
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address N/A
City Newburgh
County Orange County
State NY
Zip Code 12550

Additional Information

Click here to register or sign in to view more Details and Taxes!!

Amenities

Parking On Street
Is Waterfront No
Has Pool No

Interior

Appliances Gas Water Heater
Heating Heat Pump
Cooling Ductless
Fireplace No

School Information

District Newburgh

Additional Information

Zoning BC
Short Sale No
RE / Bank Owned No
Taxes (total) $9,890

Listing Details

OfficeRand Commercial
Office Contact845 2943100

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?