263 Riley Road, New Windsor, NY 12553
- $519,900
- 4
- BD
- 2
- BA
- List Price
- $519,900
- Status
- ACTIVE
- Days on Market
- 76
- Price Change
- ▼ $50,000 1780349933
- MLS#
- 000031
- Subtype
- Residential Income
- Style
- Hi Ranch
- Year Built
- 1998
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Lot Size
- 56,628
- Acres
- 1.30
- Neighborhood
- New Windsor
Property Description
Improved Price!! 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.
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Additional Information
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Speed Internet, Walk Through Kitchen, Washer/Dryer Hookup
- Exterior Features
- Fire Pit, Lighting, Mailbox
- Taxes
- $10,862
- Property Description
- Hi Ranch
- Flooring
- Carpet, Linoleum
- Heating
- Oil
- Air Conditioning
- None
- Foundation
- Block, Slab
- Parking
- Driveway, Off Street, Parking Lot
- Parking Features
- Driveway, Off Street, Parking Lot
- Garage Spaces
- 1
- School District
- Newburgh
- Elementary School
- Newburgh
- Middle School
- Newburgh
- High School
- Newburgh Free Academy
Mortgage Calculator
Listing courtesy of Listing Agent: Jeffrey Lyons (jeffreylyons@curasirealty.com) from Listing Office: Curasi Realty, Inc..