26
See all 26 photos
$1,150,000
Est. payment /mo
2.4 Acres Lot
Pending
18 Old North Plank RD Newburgh, NY 12550
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UPDATED:
12/16/2024 03:52 PM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYH6293746
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1930
Annual Tax Amount $14,677
Lot Size 2.400 Acres
Acres 2.4
Property Sub-Type Multi Family
Property Description
A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.
Location
State NY
County Orange County
Rooms
Basement Full
Interior
Heating Propane
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Parking Lot
Utilities Available Trash Collection Private
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Frame,Vinyl Siding
Schools
Middle Schools Meadow Hill Global Explorations Magnet School
High Schools Newburgh Free Academy
School District Newburgh
Others
Special Listing Condition None
Listed by Exit Realty Venture