160 N Miller Street, Newburgh, NY

$379,000

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6

Beds

2

Baths

1,584

Square feet

0.08

Acres

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

OfficeCorcoran Baer & McIntosh

Listing Map

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