1 of 22
Tools
Size
9
Bedrooms
3
Full Baths
1,872 Sq Ft.
interior
0.06 Acres
Exterior
Financial
$425,000
Change Currency
$227
Price Per Sqft
$6,420
Annual taxes
Listing Details
Triplex
Property type
1924
Year Built
13507389
Web Id
H6309416
MLS ID
175
Days Posted
Description
161 W Parmenter Street,
Newburgh,
NY
12550
Newburgh, NY 12550
Fantastic investment opportunity or live rent-free in this spacious 3-family house located in the heart of Newburgh. Each unit offers comfort and functionality. The basement unit features 2 bedrooms, a cozy living room, a kitchen, and a full bath. The 1st-floor unit boasts 3 bedrooms, living room, kitchen, and a full bath. The 2nd-floor unit offers 4 bedrooms, a spacious living room, kitchen, and a full bath. Enjoy the convenience of a fenced-in backyard, perfect for outdoor gatherings or relaxation. This property is ideally situated close to transportation, shops, dining, and more, making it an attractive option for tenants and homeowners alike. The lower level unit (2 bed) is currently owner occupied, the first floor 3 bedroom ($1600) and second floor 4 bedroom ($1650) are month to month. Modest market rent of $1600, $1800 and $2000 respectively, the property would generate $65,000 rent roll/year. and an NOI of approx $50,000 - an 11.5% cap rate! Don miss out on this unique opportunity to invest in or reside in a versatile property.
This is an Pending listing.
Broker Office Phone Number: 888-276-0630
Copyright © 2024OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 888-276-0630
Copyright © 2024OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Fenced
- Hardwood Flooring
Price History
date | price | variance | type |
---|---|---|---|
10/30/2024 | $425,000 | - | Contract |
Listing By: eXp Realty via Data Source: OneKey MLS
listing agent: Virginia Corbett