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Newburgh 12550
26 City Terrace
$315,000
Multifamily - For Sale

26 City Terrace

Newburgh City, NY 12550
bedrooms
5 Beds
bathrooms
2 Baths
$2,129
Estimated Monthly
$0
HOA / Fees
23.69%
Cap Rate

About This Property

Welcome to 26  City Terrace, Newburgh, NY - an exceptional multifamily investment opportunity that combines convenience and potential income. Situated in a prime location, this property is perfectly positioned for commuters, outdoor enthusiasts, and investors looking for a promising venture. Located just moments away from major highways, residents here enjoy quick and easy access to neighboring cities and attractions. The scenic Newburgh waterfront, with its charming restaurants and recreational activities, is within reach, offering a delightful lifestyle to your future tenants or homeowners. Additionally, the proximity to the Beacon Train Station ensures seamless connectivity to the Metro-North Railroad, making it a breeze for commuters to reach New York City and the Hudson Valley. This property comprises two distinct units, making it an ideal income-generating investment. The top unit has the potential for 2 to 3 bedrooms, complete with full kitchen and bath, making it perfect for families or individuals seeking generous living space. Meanwhile, the lower unit features 2 bedrooms, living room, kitchen, and bath providing a cozy and functional residence. Investors, seize this golden opportunity to maximize your returns in the thriving Newburgh real estate market. Sold as-is. Come join in Newburgh's renaissance! This won't last!
Unit Size
-
Days on Market
48 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$582
HOA Dues
-
Year Built
1890
Listed By
Last updated: 2 months ago (OneKey MLS #ONEH6294131)

Price History

Date / Event Date Event Price
Mar 12, 2024 Listed by eRealty Advisors, Inc $315,000
Listed by eRealty Advisors, Inc
Apr 11, 2014 Sold to Matthew Bastien $175,000
Sold to Matthew Bastien

Property Highlights

Air Conditioning
Parking Details
Parking Features: Common
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Master Downstairs, Eat-in Kitchen

Basement Information

Basement: Partial, Unfinished

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
2 Baths
-
$319,000 Jan 6, 2023
$319,000 Apr 5, 2023
$885/mo
Multifamily
5 Beds
3 Baths
-
$290,000 Oct 16, 2021
$290,000 Feb 2, 2022
$555/mo
Multifamily
6 Beds
2 Baths
-
$260,000 Nov 6, 2023
$260,000 Jan 19, 2024
$635/mo
Multifamily
6 Beds
2 Baths
-
$365,000 Mar 19, 2021
$365,000 Aug 24, 2021
$417/mo
Multifamily
6 Beds
2 Baths
-
$285,000 Jun 7, 2018
$285,000 Oct 23, 2019
$545/mo
Multifamily
4 Beds
2 Baths
-
$300,000 Feb 2, 2022
$300,000 May 26, 2022
$646/mo
Multifamily
5 Beds
2 Baths
-
$270,000 Mar 7, 2024
-
$475/mo
In Contract
Multifamily
4 Beds
3 Baths
-
$340,000 Feb 8, 2024
-
$705/mo
Multifamily
6 Beds
2 Baths
-
$340,000 Feb 12, 2024
-
$590/mo
Multifamily
4 Beds
2 Baths
-
$270,000 Mar 6, 2024
-
$475/mo
Multifamily
4 Beds
2 Baths
-
$270,000 Mar 6, 2024
-
$480/mo
In Contract
House
4 Beds
3 Baths
-
$290,000 Nov 28, 2023
-
$287/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

26 City Terrace 26 City Terrace, Newburgh, NY 12550
  • 1 Unit for Sale
More about this Building
26 City Terrace
Want to find out who owns 26 City Terrace, Newburgh, NY 12550? Get detailed property transactions here .

About Newburgh


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