26 Crest Road, Newburgh, NY 12550

$1,200,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,200,000
Days on Market
4
MLS#
1039787
Status
ACTIVE
Property Type
Multi Family
Year Built
1938
Property Tax
$22,197
Neighborhood
Newburgh
School District
Newburgh
High School
Newburgh Free Academy
Jr. High
Heritage Middle School
Elementary School
Fostertown Etc Magnet School

Property Description

Here’s an opportunity to own a versatile commercial property with two buildings and a total of 9 units. 7 units in the first building and 2 units in the second. Currently fully rented, the property offers established rental income and multiple revenue streams, making it an attractive addition to an investment portfolio. But the possibilities don’t stop there. This property could also be an excellent option for an owner-occupant looking for their place to call home while benefiting from rental income from the remaining units. The existing rent roll can help offset ownership expenses and support your investment strategy, creating an appealing combination of business use and income-producing space. Whether you're an investor seeking a fully rented property with multiple income streams or an owner-user looking for a place to reside while generating rental income, this property offers flexibility and potential. With two buildings, nine units, established rental income, and the option for owner occupancy, this is an opportunity worth taking a closer look at.

Additional Information

Acres
3.20
Parking
Driveway, Garage, Private
Basement
Full
Heating
Hot Water
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anthony DeGelormo (tonydeec21@yahoo.com) from Listing Office: Century 21 Alliance Rlty Group.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.