Price Reduction - Water Views
Address
203 Grand Street Newburgh, NY
Price
$ 825,000
Property Attributes
  • MLS#H6070081
  • TypeMulti-Family
  • CountyORANGE
  • CityNewburgh
  • AreaNewburgh City
  • NeighborhoodNewburgh
  • Zip12550
  • StyleMulti Family
  • Year Built1880
  • Taxes19900
  • Price$ 825,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5320
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Amy C Wilhelm with William Raveis Baer & McIntosh
Property Description

Beautiful corner brick income producing investment property in the heart of the City of Newburgh's Renaissance. This grand old dame is well maintained and home to long term reliable tenants on month to month leases. Period details throughout and updated units. Abundant street parking. Currently 6 apartments and one garage, but could be easily converted to 7 apartments and one garage. Some rents are below market value. With updated rents and conversion to 7 units, gross annual rents could increase from $88,200 to $126,300. Tremendous potential in an up and coming area that is also a designated Opportunity Zone. 48 Hour's notice required for showings and proof of funds or pre approval required in advance.

Elementary School Middle School High School
Magnet Sch of Math Science & Design Elementary School Call Listing Agent Middle School Newburgh Free Academy High School
Price History
9/15/2020 Listed $849,000
11/25/2020 3% - $825,000

General Features

Buildingareaunits Square Feet
Community Features Park
Construction Materials Brick, Frame
Cooling None
Elementary School Magnet Sch of Math Science & Design
Elementary School District Newburgh
Flooring Hardwood
Fuel Expense 5072.00
Garage Spaces 0.00
Hamlet Newburgh
Heating Natural Gas, Hot Water
High School Newburgh Free Academy
High School District Newburgh
Hot Water Electric Stand Alone
Junior High Call Listing Agent
Middle/Junior School District Newburgh
Numberofheatingzones 9
Parking Features On Street
Property SubType Multi Family
Property Type Residential Income
Sewer Public Sewer
Tax Annual Amount 19900.00
TaxAssessedValue 341600
Total Units 7
Trash Expense 2250.00
View River
Village None

Exterior Features

Lot Features Historic District, Level, Near Public Transit
Lot Size Acres 0.0900
Lot Size Area 0.0900
Lot Size Source Other
Lot Size Square Feet 3999.00
Lot Size Units Acres
Number of Separate Electric Meters 7
Number of Separate Gas Meters 2
Roadresponsibility Public Maintained Road
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 12550

Price
AVG $320K
$830K
Taxes
AVG $7,139
$19,900
Visits
AVG 45
18
Year Built
AVG 1908
1880
Walkscore
AVG 64
66
Data Provided by Walkscore ® not using MLS data

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