About 160 N Miller Street
Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental income or continue as purely an investment property. Four bedroom unit needs extensive renovations but could be restored to its former glory after current tenants move out at the end of September. Each unit has separate utilities and meters. Rents are fully covered by Section 8 with guaranteed payments and could continue moving forward. Additional Information: HeatingFuel:Oil Above Ground
Features of 160 N Miller Street
| MLS® # | H6302287 |
|---|---|
| Price | $379,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,584 |
| Acres | 0.08 |
| Taxes | $5,844 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Townhouse |
| Status | Active |
Community Information
| Address | 160 N Miller Street |
|---|---|
| City | Newburgh |
| County | Orange County |
| State | NY |
| Zip Code | 12550 |
| Adult 55+ Community | No |
Amenities
| Amenities | Park |
|---|---|
| Utilities | Trash Collection Public |
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood |
|---|---|
| Interior Features | Eat-in Kitchen |
| Heating | Oil, Baseboard |
| Cooling | None |
| Has Basement | Yes |
| Basement | Partial |
| Fireplace | No |
Exterior
| Lot Description | Near Public Transit, Near School, Near Shops, Level |
|---|---|
| Exterior | Brick, Frame |
School Information
| District | Newburgh |
|---|---|
| Middle | MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL |
| High | Newburgh Free Academy |
Additional Information
| Date Listed | August 7th, 2024 |
|---|---|
| Days on Market | 127 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Corcoran Baer & McIntosh |
|---|