157 Chambers Street, Newburgh, NY 12550

$475,000
6
BD
3
BA

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List Price
$475,000
Status
ACTIVE
Days on Market
51
Price Change
▼ $24,000 1784307353
MLS#
1010918
Subtype
Residential Income
Style
Colonial
Year Built
1900
Bedrooms
6
Bathrooms
3
Full Baths
3
Lot Size
2,500
Acres
0.06
Neighborhood
Newburgh

Property Description

This exceptional legal 3-family residence is perfectly situated in the sought-after Historic East End of Newburgh, just minutes from the vibrant downtown waterfront, restaurants, shops, and major transportation. A rare opportunity for investors seeking immediate cash flow and long-term appreciation in an area with strong and consistent rental demand. Beautifully renovated and move-in ready, this terrific property features three spacious 2-bedroom apartments, each thoughtfully updated with modern kitchens showcasing quartz countertops, new appliances, stylish cabinetry, and durable luxury vinyl flooring throughout. Each unit is complemented by an updated full bathroom and bright, inviting living spaces with new vinyl flooring throughout plus equipped with their own Electric heating and hot water systems too. Whether you're looking to expand your investment portfolio or secure a high-performing income-producing asset, this property offers a unique combination of location, condition, and rental potential. Simply step in, lease out, and start maximizing your returns from day one. Conveniently located near the Newburgh waterfront, parks, schools, shopping, public transportation, major highways, and the Beacon Metro-North station, making commuting and daily living effortless. A truly turnkey investment opportunity with tremendous upside which makes this property the perfect balance of comfort, convenience and affordability!!!

Additional Information

Interior Features
First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Chefs Kitchen
Taxes
$7,891
Property Description
Colonial
Flooring
Carpet, Laminate
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Foundation
Stone
Parking
None
Parking Features
None
School District
Newburgh
Elementary School
Newburgh
Middle School
MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
High School
Newburgh Free Academy

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kieran Dwyer (kierandwyer81@gmail.com) from Listing Office: Double C Realty.