Price Reduced Listing119 Chambers Street,Newburgh, NY 12550
Newburgh, NY 12550
Description
Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short driveproximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all Self Represented Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.
Details
| MLS # | 947773 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 240 |
| Listing Provided By | Sunbelt Sales & Development | Ari Lee |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,397 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.04 |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant |
| Interior Features | Entrance Foyer |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 312400 |
| Tax Annual Amount | 10236.24 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 12550) | |
Price: $403,900 low | high Med: $400,000 sqft: 2,397 low | high Med: 3,947 $ / sqft: $169 low | high Med: $101 On site: 240 low | high Med: 157 | |
Market Activity 12550
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Learn More About This Property
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 12550) | |
Price: $403,900 low | high Med: $400,000 sqft: 2,397 low | high Med: 3,947 $ / sqft: $169 low | high Med: $101 On site: 240 low | high Med: 157 | |
