110 Liberty StNewburgh, NY 12550

For Sale
$550,000

Historic Charm, Updated Units, High Return

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional three-unit building at 110 Liberty Street in Newburgh, NY, presents a unique investment opportunity. Boasting historic charm with original details like a 1900s plumbing sign, exposed brick, and high ceilings, the property has undergone significant updates. The building comprises two renovated one-bedroom, one-bathroom apartments, currently fully rented with long-term tenants. These apartments feature hardwood floors and benefit from new ductless AC/heat systems and energy-efficient heating and hot water units. A large, newly renovated storefront, currently owner-occupied and to be delivered vacant, offers three spacious areas and two half bathrooms. Additional features include a newly installed roof and a unique private backyard. The building is ideally situated on a desirable block in the heart of Newburgh, close to popular restaurants, cafes, and the waterfront with convenient access to the ferry and train to NYC. Tenants are responsible for their own gas and electric utilities. The asking price is $550,000. The unfinished attic space offers potential for future expansion or added value. This property is poised for immediate income generation and strong long-term appreciation.

Location Insight

City
Newburgh
County
36071
State
New York
Latitude
41.4987138
Longitude
-74.0105295
110 Liberty St, Newburgh, New York

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110 Liberty St
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