Multi Family 2-4 in Orange
MLS Number | 6319030 |
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Address | 2 Carson Avenue, Newburgh, NY 12550 show map |
Price | $489,000 show mortgage calculator |
Acres | 0.057392102846648 |
Year Built | 1940 |
Est. Sq. Footage | 1788 |
Elementary School | Magnet Sch of Math Science & Design |
Jr High-Middle School | Call Listing Agent |
High School | Newburgh Free Academy |
Estimated Taxes | $10,577 |
Total Apt Units | 3 |
Total Bedrooms | 5 |
# 1 Brs | 1 |
# 2 Brs | 2 |
MULTI-FAMILY INVESTMENT | 3-UNIT BLDG - Finish this mostly restored 1940's Victorian 3-Family in the Washington Heights section of Newburgh, on a Corner lot w/parking for 3 cars, 1/2 block from 'The Bluff', w/partial river views. Unit layout is: 3FL-2bed/1bath+bonus rm | 2FL-2bd/1bth | 1FL- 1bd/1bth. Current utilities setup is LL pays gas heat & HW, tenants pay electric. Projected Rent is $6,550/mo for 3 finished units w/8.3% cap after completion based on estimated Proforma. One Block from the rapidly evolving Liberty St corridor w/new shops and restaurants & historic Washingtons Headquarters. Two blocks from the coming PS6 Center for Film & TV. Close to the Hudson River Waterfront, a short drive to I-84,I-87 & Beacon. Work Completed includes: Every surface inside & out is handled, from new underground plumbing, to new roof coating & flashing, walls & ceilings skim-coated & fully painted. All original details restored incl: double entry doors, staircase, floors, new main entry stairs.
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