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845-457-9174

263 Riley Road, New Windsor, NY 12553

[New Windsor Real Estate, listing number 7288108]



Description: 7288108
   Great investment opportunity or live in one unit and rent out the other! Set back off the road on 1.3 private acres, this well-maintained two-family property offers strong income potential with below-market rents and separate utilities for each unit. Ample parking plus additional off-street parking and a large detached finished garage provide excellent flexibility for tenants or owner use. Each spacious unit features its own private entrance, 12-foot ceilings, 2 bedrooms, 1.5 baths, and approximately 1,216 square feet of living space. Both apartments include a stove, refrigerator, dishwasher, and washer/dryer hookups. The upper unit features a rear entrance, large deck for entertaining, and wooded backyard views for added privacy, currently rented for $1,700/month. The lower unit offers a front entrance with additional storage and is currently rented for $1,650/month. Tenants are month-to-month and responsible for their own utilities. Municipal water and sewer. Major updates include a new boiler in 2026, a 10-year-old roof on the main house, and a new roof on the detached garage in 2022. Each apartment has its own above-ground oil tank, furnace, and separate meters. The spacious detached finished garage is currently rented for $400/month and includes electricity, plumbing, and its own meter, making it ideal for storage, workshop space, or additional income opportunity. Great investment or owner-occupied opportunity with room for future rental growth.

Details:
   Families: 3
   Bedrooms: 4
   Bathrooms: 2
   Property Type: Hi Ranch
   Outdoor Space: Porch
   Lot Size: 1.3 Acre
   Acres: 1.35
   Built: 1998
   School District: Newburgh

Financials:
   Price: $569,900
   Taxes: $10,863

 

Curasi Realty
Jeffrey Lyons
Lic. Real Estate Salesperson
Direct: (845) 234-3375
Office: 845-457-9174

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