282 Grand Street

Newburgh, NY 12550 Directions
$620,000
  • 4Bed
  • 3Baths
  • 0.07Acres
  • 1890Built

Property Highlights

  • Elementary: Fostertown Etc Magnet School
  • Mid. School: Heritage Middle School
  • High School: Newburgh Free Academy
  • Days on Market: 30
  • MLS: 940659

Property Highlights

  • Elementary: Fostertown Etc Magnet School
  • Mid. School: Heritage Middle School
  • High School: Newburgh Free Academy
  • Days on Market: 30
  • MLS: 940659

Prime Income-Producing Triplex in Historic Newburgh Rare opportunity to acquire a fully rented 3-unit property in Newburgh's sought-after historic district. This turnkey investment delivers immediate cash flow with all units currently occupied. The property features a generous 2-bedroom duplex with private outdoor deck and exclusive yard access, complemented by two attractive 1-bedroom apartments. Original hardwood flooring and details enhance appeal across all units, supporting strong tenant retention and rental demand. Location advantages include proximity to the district's dining, shopping, and cultural amenities, plus straightforward connectivity...

Property Highlights

  • Elementary: Fostertown Etc Magnet School
  • Mid. School: Heritage Middle School
  • High School: Newburgh Free Academy
  • Days on Market: 30
  • MLS: 940659

Prime Income-Producing Triplex in Historic Newburgh Rare opportunity to acquire a fully rented 3-unit property in Newburgh's sought-after historic district. This turnkey investment delivers immediate cash flow with all units currently occupied. The property features a generous 2-bedroom duplex with private outdoor deck and exclusive yard access, complemented by two attractive 1-bedroom apartments. Original hardwood flooring and details enhance appeal across all units, supporting strong tenant retention and rental demand. Location advantages include proximity to the district's dining, shopping, and cultural amenities, plus straightforward connectivity to Metro-North, major highways, and neighboring Beacon. The area continues to attract attention from renters and buyers alike as Newburgh's transformation gains momentum. Ideal for portfolio expansion or first-time multi-family buyers seeking a managed asset with proven performance.

Prime Income-Producing Triplex in Historic Newburgh Rare opportunity to acquire a fully rented 3-unit property in Newburgh's sought-after historic district. This turnkey investment delivers immediate cash flow with all units currently occupied. The property features a generous 2-bedroom duplex with private outdoor deck and exclusive yard access, complemented by two attractive 1-bedroom apartments. Original hardwood flooring and details enhance appeal across all units, supporting strong tenant retention and rental demand. Location advantages include proximity to the district's dining, shopping, and cultural amenities, plus straightforward connectivity to Metro-North, major highways, and neighboring Beacon. The area continues to attract attention from renters and buyers alike as Newburgh's transformation gains momentum. Ideal for portfolio expansion or first-time multi-family buyers seeking a managed asset with proven performance.

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  • Additional Information
    • Basement Description: Partially Finished
    • Days On Market: 30
    • Elementary School: Fostertown Etc Magnet School
    • Elementary School District: Newburgh
    • High School: Newburgh Free Academy
    • Middle School: Heritage Middle School
    • On Market Date: 2025-12-03
    • Parking: On Street
    • Sewer: Public Sewer
    • Style: Other
    • Tax Amount: $11,284
    • Type: Residential Income
    • Unit Count: 3
    • Utilities: Natural Gas Available, Electricity Available, Sewer Connected, Water Available
    • Year Built: 1890
  • Interior/Exterior Features
    • Beds: 4
    • Construction Materials: Brick, Stucco
    • Cooling: Varies by Unit
    • Flooring: Hardwood
    • Full Baths: 3
    • Heat: Electric, Natural Gas
    • Interior Features: Master Downstairs
Listing Courtesy of Yves Bouzaglo of Corcoran Country Living.
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