18 Old North Plank Road, Newburgh, NY 12550

$1,150,000
14
BD
5,528
SqFt
List Price
$1,150,000
Days on Market
39
MLS#
H6293746
Status
ACTIVE
Property Type
Multi Family
Year Built
1930
Property Tax
$14,677
Neighborhood
Newburgh
School District
Newburgh
High School
Newburgh Free Academy
Jr. High
Call Listing Agent
Elementary School
Magnet Sch Of Math Science & Design

Property Description

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.

Additional Information

Bedrooms
14
Square Footage
5,528
Acres
2.40
Parking
Parking Lot
Basement
Full
Heating
Propane, Baseboard
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: Jacob Katz (jkatz@exitrv.com) from Listing Office: Exit Realty Venture.

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