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


Property

Website: https://www.nestseekers.com/5394494
Address:
Newburgh (City), NY 12550
Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3
Lot Size: 0.2 Acres

Financials

Price:$599,000
Annual Taxes:$6,573.09

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

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Picture It Sold, LLC