Newburgh (City), NY 12550

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$550,000
Annual Taxes:$3,836
505 Park Ave, New York, NY 10022
Listing Courtesy of John J Lease REALTORS Inc

Great investment opportunity fully rented, and renovated units with new boilers, freshly painted, new roof, Beautiful new floors overall and more.

Description

Great investment opportunity fully rented, and renovated units with new boilers, freshly painted, new roof , Beautiful new floors overall and more .Tenants are month by month, all separate utilities, low taxes. This is a money maker, apartment first floor tenant is paying $1420 but the tenant pays for all the utilities, and the tenant second floor is paying $1500 a month and landlord pays for water ; Monthly income $2920; Gross Income: $35.040.00; utilities per month: Trash $150, Water $160, Insurance: $900, Net Income $34,080 Additional Information please see Remarks. Close to shopping, schools, Restaurants, Highways, and low taxes .

Amenities

  • Cable - Available
  • Level
  • Near Public Transit
  • Near Shops
  • Other
  • Pantry
  • Park
  • Trash Collection Public
  • Walk Through Kitchen

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.