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


Property

Website: https://www.nestseekers.com/5316930
Address:
Newburgh (City), NY 12550
Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$550,000
Annual Taxes:$3,836

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

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of John J Lease REALTORS Inc