367 Liberty Street,Newburgh, NY 12550
Newburgh, NY 12550
Description
A particularly interesting value-add opportunity on Liberty St. This two-family townhouse contains two private two-bedroom apartments, each with its own entrance.The upper apartment is occupied and in good condition, providing immediate income, while the lower apartment is currently vacant and ready for renovation. The vacancy gives a new owner the opportunity to improve the apartment, select their own finishes and tenant, and bring the unit directly to market rent without having to work around an existing tenancy.For an investor looking for a manageable project with substantial existing infrastructure already in place, 367 offers an appealing combination of current income and near-term upside.The property may be purchased individually or together with neighboring 363, 365 and 369 Liberty Street, creating an eight-unit contiguous investment portfolio.
Details
| MLS # | 1049968 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 53 |
| Listing Provided By | ReAttached | Sarah Beckham Hooff |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,600 |
| Units | 2 |
| Acreage | 0.05 |
Interior
| Cooling | None |
|---|---|
| Heating | Hot Water, Steam, Other |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Other |
| Window Features | Storm Window(s) |
Exterior
| Construction Materials | Block, Frame, Other |
|---|---|
| Foundation Details | Other |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Other |
Utilities
| Utilities | Electricity Available, Natural Gas Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 229900 |
| Tax Annual Amount | 6940.36 |
| Tax Lot | 17 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Newburgh Free Academy |
| Elementary School | Newburgh |
| High School | Newburgh Free Academy |
| Listing VS Median (in 12550) | |
Price: $339,000 low | high Med: $398,893 sqft: 1,600 low | high Med: 2,476 $ / sqft: $212 low | high Med: $161 On site: 53 low | high Med: 177 | |
Market Activity 12550
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| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| School District | Newburgh Free Academy |
| Elementary School | Newburgh |
| High School | Newburgh Free Academy |
| Listing VS Median (in 12550) | |
Price: $339,000 low | high Med: $398,893 sqft: 1,600 low | high Med: 2,476 $ / sqft: $212 low | high Med: $161 On site: 53 low | high Med: 177 | |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
