Klasična trokatnica od crvene opeke s potpuno uređenim podrumom, sada potpuno renovirana i isporučena s dva modernizirana stana. Svaka rezidencija nudi približno 130 m² stambenog prostora. Gornji duplex sadrži tri spavaće sobe i jedan i pol kupaonicu na gornja dva kata, dok donji duplex nudi dvije spavaće sobe, izravan pristup dvorištu i stražnju terasu. Oba stana uključuju nove dizalice zraka, potpuno nove kuhinje, nove aparate, nove bojlere za toplu vodu, obnovljeni originalni drveni pod, ažuriranu rasvjetu kroz cijeli prostor, svježe naslikane zidove i mramorne kuhinjske pultove.

Smještena na upravljivoj parceli i udaljena samo nekoliko minuta od ključnih svakodnevnih odredišta, lokacija nudi brzi pristup obalnom naselju, glavnim prometnim rutama, bolnici, Thruway-u i međudržavnim putevima. Okolni blokovi nastavljaju doživljavati aktivna ulaganja i više renoviranih višestambenih građevina, što podržava snažnu apsorpciju i dugoročni potencijal.

Isporučena potpuno prazna s jasnim mehaničkim pristupom i dostupnim javnim komunalijama, nekretnina pruža učinkovit put za useljenje ili ulaganje. Budući da se nalazi unutar Povijesnog okruga Istočnog kraja, mogu se primijeniti dva potencijalna porezna poticaja: izuzeće prema RPTL §444-a i program poreznih olakšica za rehabilitaciju državnog SHPO-a. Kupci trebaju provjeriti uvjete i zahtjeve za prijavu s odgovarajućim agencijama.

Fleksibilna, turn-key mogućnost s dva stana koja je pozicionirana za dugotrajan učinak u jednom od najaktivnijih investicijskih koridora u Newburghu.

7.6% Cap Rate, Break Even Approx 13 years. A classic three-story brick residence with a fully finished basement, now fully renovated and delivered with two upgraded units. Each residence offers approximately 1,400 sq ft of living space. The upper duplex features three bedrooms and one-and-a-half baths across the top two floors, while the lower duplex provides two bedrooms, direct backyard access, and a rear deck. Both units include new split systems, brand new kitchens, new appliances, new hot water heaters, refinished original hardwood flooring, updated lighting throughout, fresh paint, and quartz kitchen counters.

Set on a manageable lot and minutes from key daily destinations, the location offers quick access to the waterfront district, major commuter routes, the hospital, the Thruway, and the interstate. The surrounding blocks continue to experience active investment and multiple renovated brick multi-families, supporting strong absorption and long-term potential.

Delivered fully vacant with clear mechanical access and public utilities in place, the property provides an efficient path for occupancy or investment. Because it is located within the East End Historic District, two potential tax incentives may apply: the RPTL §444-a exemption and the New York State SHPO rehabilitation tax credit program. Buyers should verify eligibility and application requirements with the appropriate agencies.

A flexible, turnkey two-unit opportunity positioned for durable performance in one of Newburgh’s most investment-active corridors.

Project rent(gross income is) 58,800
Estimated Expenses 15,000
Net operation $43,800
Cap Rate is 7.6%
Break even approx 13.2 years © 2025 OneKey™ MLS, LLC