Great investment opportunity to own four houses sitting on 5. 5 acres of land in the town of newburgh. All four homes are between 1100-1300sqft two of the homes are 2bd 1ba one is a 1nd 1ba the fourth home is a 3bd 1ba. Two of the homes were being run as airbnb's making a good profit each month. The guests were mostly families that loved the lake access to orange lake. The inside of both airbnb have had renovations done one needs some minor exterior improvements. The other 2 homes are long term rentals. Tenants are still in place in those homes. Space is cleared out and ready for a fifth home to be built on the same lot which is over an acre of land. The 2nd lot boasts another 4. 5 acres and is waiting to be cleared out for more homes to be built. Both lots are zoned r4 for residential. Amazing opportunity to own a potential 6 figure a year business or have the private compound for a big family. Use showing time for all showings
Location/Town | Newburgh |
Area/County | Orange |
Prop. Type | Four Family House for Sale |
Style | Contemporary, Bungalow, Cape Cod |
Tax | $14,942.00 |
Bedrooms | 8 |
Total Baths | 4 |
Full Baths | 4 |
Year Built | 1952 |
Basement | See Remarks, Unfinished, Walk-Out Access |
Construction | Frame, Stone, Wood Siding |
Total Units | 4 |
Lot SqFt | 239,580 |
Cooling | None |
Heat Source | Oil, Baseboard |
Lot Features | Level, Part Wooded, Possible Sub Division |
Parking Features | Detached, 4+ Car Detached, Off Street |
Tax Assessed Value | 134100 |
Units | 4 |
School District | Newburgh |
Middle School | Call Listing Agent |
Elementary School | Magnet Sch of Math Science & D |
High School | Newburgh Free Academy |
Listing information courtesy of: Keller Williams Hudson Valley |