203 Grand Street
203 Grand Street Newburgh, New York, 12550 United States

$799,000USD
 Get directions
 

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
Newburgh City
School District
Magnet Sch Of Math Science & Design
Elementary
Call Listing Agent
Middle
Newburgh Free Academy
High

This Newburgh Single Family Home is for Sale and has 6 bedrooms, 6 full baths and was built in 1880. This Single Family Home is listed on the Christie's International Real Estate website in zipcode 12550 and it boasts 5,320 Sq.Ft. of interior space on a lot of .09 Acres. Nearby neighborhoods include: East End Historic District and Newburgh. See all properties in zipcode 12550.