George Koudounas Real Estate

Just Sold!

487 Broadway, Newburgh City, NY 12550

[Newburgh City Real Estate, listing number 7023382]



Description: 7023382
   CITY OF NEWBURGH - WEST END 11 UNITS FOR SALE...Mixed use property. 3 retail & 8 residential units plus extra income. 3 detached buildings. 4 residential 1 bedroom units, another 2 units 2 bedroom each, plus 2 detached residential single family homes & 3 retail units. Access from 2 streets, Broadway & Washington Terrace. Off street parking from both Broadway & Washington Terrace. All municipal services available plus natural gas. All separate utilities. Tenants pay own heat, hot water & electric. All residential units have own oven/range and refrigerator. Well kept updated buildings w/well established location with long term tenants all with leases in place. Solid investment all on one parcel. Strong income, solid investment for the years to come. Easy access location from I-84, I-87, 9W, Hudson River, Stewart Int. Airport, Metro N. Beacon train station, West Point and just 65 miles to NYC. Rare find in this market 11+ units on one parcel in West End of the City of Newburgh.CITY OF NEWBURGH - WEST END 11 UNITS FOR SALE...Mixed use property. 3 retail & 8 residential units plus extra income. 3 detached buildings. 4 residential 1 bedroom units, another 2 units 2 bedroom each, plus 2 detached residential single family homes & 3 retail units. Access from 2 streets, Broadway & Washington Terrace. Off street parking from both Broadway & Washington Terrace. All municipal services available plus natural gas. All separate utilities. Tenants pay own heat, hot water & electric. All residential units have own oven/range and refrigerator. Well kept updated buildings w/well established location with long term tenants all with leases in place. Solid investment all on one parcel. Strong income, solid investment for the years to come. Easy access location from I-84, I-87, 9W, Hudson River, Stewart Int. Airport, Metro N. Beacon train station, West Point and just 65 miles to NYC. Rare find in this market 11+ units on one parcel in West End of the City of Newburgh.

Details:
   Families: 11
   Property Type: House
   Built: 1945
   School District: Newburgh

Financials:
   Price: $1,899,000
   Taxes: $32,836