203 Grand Street 203 Grand Street Newburgh, New York, 12550 United States
203 Grand Street Newburgh, New York, 12550 United States
$799,000USD
6 BD6 BASingle Family Home1 of 36
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About 203 Grand Street
Beautiful corner brick income producing investment property in the heart of the City of Newburgh's Renaissance. This grand old dame is well maintained and home to long term reliable tenants on month to month leases. Period details throughout and updated units. Abundant street parking. Currently 6 apartments and one garage, but could be easily converted to 7 apartments and one garage. Some rents are below market value. With updated rents and conversion to 7 units, gross annual rents could increase from $88,200 to $126,300. Tremendous potential in an up and coming area that is also a designated Opportunity Zone. 48 Hour's notice required for showings and proof of funds or pre approval required in advance.
Amenities
- Hardwood Flooring
- Park
- Level
- Near Public Transportation
Listing Provided by Amy C Wilhelm, William Raveis Baer & McIntosh, HGAR MLS
- 6
- Bedrooms
- 6
- Full Baths
- 5,320 Sq Ft.
- Interior
- .09 Acres
- Exterior
- Single Family Home
- Property Type
- 1880
- Year Built
- H6070081
- MLS ID
