18 Old North Plank Road, Newburgh, NY

$1,150,000

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14

Beds

5,528

Square feet

2.40

Acres

About 18 Old North Plank Road

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.

Features of 18 Old North Plank Road

MLS® # H6293746
Price $1,150,000
Bedrooms 14
Bathrooms 0.00
Square Footage 5,528
Acres 2.40
Year Built 1930
Type Residential
Sub-Type Multi Family
Status Pending

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 56
Short Sale No
RE / Bank Owned No

Listing Details

OfficeExit Realty Venture

Listing Map

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