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18 Old North Plank Road,

Newburgh, NY

$1,150,000

14 Beds

5,528 Sqft

2.40 Acres

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.

Facts & Features

MLS® # H6293746

Price $1,150,000

Bedrooms 14

Bathrooms 0.00

Square Footage 5,528

Acres 2.40

Year Built 1930

Type Residential Income

Sub-Type Multi Family

Status Active

MLS hgmls

Community Information

Address 18 Old North Plank Road

City Newburgh

County Orange

State NY

Zip Code 12550

Amenities

Parking Parking Lot

Is Waterfront No

Has Pool No

Interior

Heating Propane, Baseboard

Cooling None

Has Basement Yes

Basement Full

Fireplace No

Exterior

Construction Frame, Aluminum Siding, Vinyl Siding

School Information

District Newburgh

Elementary Magnet Sch of Math Science & Design

Middle Call Listing Agent

High Newburgh Free Academy

Additional Information

Date Listed March 20th, 2024

Days on Market 37

Short Sale No

RE / Bank Owned No

Listing Details

Listing Courtesy of Exit Realty Venture

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Listing information last updated on April 27th, 2024 at 11:20am EDT.

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18 Old North Plank Road,

$1,150,000

Purchase & Financing Information