157 Chambers Street,Newburgh, NY 12550
Newburgh, NY 12550
Description
This exceptional legal 3-family residence is perfectly situated in the sought-after Historic East End of Newburgh, just minutes from the vibrant downtown waterfront, restaurants, shops, and major transportation. A rare opportunity for investors seeking immediate cash flow and long-term appreciation in an area with strong and consistent rental demand. Beautifully renovated and move-in ready, this terrific property features three spacious 2-bedroom apartments, each thoughtfully updated with modern kitchens showcasing quartz countertops, new appliances, stylish cabinetry, and durable luxury vinyl flooring throughout. Each unit is complemented by an updated full bathroom and bright, inviting living spaces with new vinyl flooring throughout plus equipped with their own Electric heating and hot water systems too. Whether you're looking to expand your investment portfolio or secure a high-performing income-producing asset, this property offers a unique combination of location, condition, and rental potential. Simply step in, lease out, and start maximizing your returns from day one. Conveniently located near the Newburgh waterfront, parks, schools, shopping, public transportation, major highways, and the Beacon Metro-North station, making commuting and daily living effortless. A truly turnkey investment opportunity with tremendous upside which makes this property the perfect balance of comfort, convenience and affordability!!!
Details
| MLS # | 1010918 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 82 |
| Listing Provided By | Double C Realty | Kieran Dwyer |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,640 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.06 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Electric |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Chefs Kitchen |
| Window Features | Aluminum Frames |
Exterior
| Construction Materials | Stone |
|---|---|
| Foundation Details | Stone |
| Lot Features | Back Yard |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 261400 |
| Tax Annual Amount | 7891.29 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Newburgh Free Academy |
| Elementary School | Newburgh |
| High School | Newburgh Free Academy |
| Listing VS Median (in 12550) | |
Price: $429,000 low | high Med: $399,000 sqft: 2,640 low | high Med: 2,043 $ / sqft: $163 low | high Med: $195 On site: 82 low | high Med: 77 | |
Market Activity 12550
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Learn More About This Property
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Newburgh Free Academy |
| Elementary School | Newburgh |
| High School | Newburgh Free Academy |
| Listing VS Median (in 12550) | |
Price: $429,000 low | high Med: $399,000 sqft: 2,640 low | high Med: 2,043 $ / sqft: $163 low | high Med: $195 On site: 82 low | high Med: 77 | |
