113-115 Chambers Street, Newburgh, NY 12550

$460,000
9
BD
3
BA
5,588
SqFt
Sold Price
$460,000
Days on Market
203
Closing Date
Feb 10, 2023
MLS#
H6200661
Status
CLOSED
Property Type
Multi Family
Style
See Remarks
Year Built
1900
Property Tax
$13,019
Neighborhood
Newburgh City
School District
Newburgh
High School
Newburgh Free Academy
Jr. High
South Middle School
Elementary School
Magnet Sch Of Math Science & Design

Property Description

HUGE INVESTMENT OPPORTUNITY awaits you! This once high-end luxury historic building was known to be a Speakeasy. During the Prohibition era, speakeasies were the secret bars where people could get their hands on some booze... You can find these types of bars behind bookshelves, guarded by secret passwords, and decorated like they're from the 1920s. Evidence still remains by the dumbwaiter in the basement, secret view slat through basement door, ornate woodwork through out and the layout of the rooms. The property type is legally an Inn/Lodge/Boarding House on a double lot, however, it is being used as a permanent residential building- located across from Audrey Carey Park. The first floor is a legal apt 2BD/1BA. The second floor are legal 4 SRO's (single room occupancy) with full BA, storage room and access to rear balcony. The third floor is a legal apt 3BD/1BA. The partially finished basement has a plumbing for half bath and kitchen plumbing hook up, electricity, heat with T-Stat control. New owner can apply for a variance and rent the basement for additional income. Sold As-Is, C/O available, No violation/No open permits

Additional Information

Bedrooms
9
Bathrooms
3
Full Baths
3
Square Footage
5,588
Acres
0.12
Parking
None
Basement
Full, Partially Finished, Walk-Out Access
Heating
Natural Gas, Hot Water
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lisa Williams Steger (lisaws@exitrealtyconnections.com) from Listing Office: Exit Realty Connections.

Selling Office: Non-Member MLS.

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