Active

9,11,13 E Parmenter Street

Newburgh NY, 12550

$999,000


$189.56 per sqft

Active

10 Beds

6 Baths

5,270 sqft

Multi-family

Built in 1850

Welcome to this stunningly multi-family home, a gem in the heart of Newburgh city. This property is not just a home, but a massive investment opportunity. Each of the six units boasts a private entrance, ensuring privacy and convenience for all residents. The building has been completely renovated, with brand-new gas boilers for 5 units. The property also features a separate new electric boiler for the single-family house. Parking will never be an issue here, with a lot of space available, plus the bonus of three garages. These garages could be rented out, providing an additional income stream. The units are spacious and well-designed, with four of them featuring two bedrooms, a living room, and a kitchen. The remaining two units are equally comfortable, with one bedroom, a living room, and a kitchen. The best part? They're all vacant and ready for you to handpick your tenants. With an estimated gross yearly income of $127,800. It's a great investment waiting to reward its new owner.

H6324511

MLS ID

August 23, 2024

Listed

September 17, 2024

Updated

Map

9,11,13 E Parmenter Street
Newburgh NY, 12550

Interior Features

Bedrooms

10


Total Bathrooms

6


Full Bathrooms

6


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas, Baseboard

Exterior/Building Features

Lot Size

0.09 Acres


Sewer

Public Sewer

School Information

School District

Newburgh


High School

Newburgh Free Academy


Elementary School

Magnet Sch of Math Science & Design

Other Property Details

Taxes

$19,831


Tax Frequency

Annually


Garage

Yes


Garage Spaces

1


Parking

Garage, Private


View

No


County

Orange


Municipality

Newburgh


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/9/2024

Price change

$999,000

-9%

Listed by Moses Zwiebel  with MS Realty Group USA, Inc
Listing Contact: 845-3677470 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Phil Szumlaski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:37 PM UTC, 9/17/2024

  

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