Newburgh (City), NY 12550

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3
Lot Size: 0.2 Acres

Financials

Price:$599,000
Annual Taxes:$6,573.09
505 Park Ave, New York, NY 10022
Listing Courtesy of Picture It Sold, LLC

Duplex on a double lot with plenty of off street parking and a seperate building lot all in one !

Description

Duplex on a double lot with plenty of off street parking and a seperate building lot all in one! Discover the potential of this unique multi-parcel property offering a rare combination of income, space, and future development opportunity. Situated on a double lot with additional building potential, this duplex presents an exceptional opportunity for investors or buyers with vision. The property features a two-unit dwelling. The first-floor unit offers a comfortable 3 to 4 bedroom, 1-bath layout with an enclosed back porch, perfect for added living space or storage. The upper unit includes 2–3 bedrooms and 2 full bathrooms, providing flexible living arrangements. The property was recently fully occupied and offers strong income potential. While the duplex does require some updating, it provides a solid foundation for value-add improvements. Recent updates include two new heating systems, a new water line, and conversion to natural gas. Outside, the oversized lot provides abundant parking and a large backyard area. As an added bonus, the sale includes an additional building lot on a separate deed—opening the door for future development or expansion. The property presents a fantastic opportunity for investors looking to maximize value and potential in a growing area.

Amenities

  • Electricity Connected
  • Level
  • Near School
  • Subdivided
  • Trash Collection Public
  • Washer/Dryer Hookup

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.