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 |
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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 |
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City | Newburgh |
County | Orange |
State | NY |
Zip Code | 12550 |
Amenities
Parking | Parking Lot |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Propane, Baseboard |
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Cooling | None |
Has Basement | Yes |
Basement | Full |
Fireplace | No |
Exterior
Construction | Frame, Aluminum Siding, Vinyl Siding |
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School Information
District | Newburgh |
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Elementary | Magnet Sch of Math Science & Design |
Middle | Call Listing Agent |
High | Newburgh Free Academy |
Additional Information
Date Listed | March 20th, 2024 |
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Days on Market | 56 |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Exit Realty Venture |
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