Newburgh Multi-Family Portfolio

  • Title

    Multifamily Property for Sale

  • City

    Newburgh, NY

  • Price

    $2,750,000

  • Cap Rate

    11.32 %

  • Gross Leasable Area

    37,818 SF

  • No. Units

    39

  • Price/SF

    $72.72

  • Price/Unit

    $70,512

  • No. Stories

    1

  • Property Type

    Multifamily

Not found amenities.

Northeast East Private Client Group presents a portfolio of 39 units located in downtown Newburgh consisting of the following addresses:
212 Broadway (3 Units), 64 Liberty St (2 Units) , 54 Johnston St (4 Units), 294 Liberty St (2 Units), 183 Renwick St (2 Units) , 119 S Clark St (3 Units), 52 City Terrace (2 Units) , 30 City Terrace (2 Units), 155-159 Ann St (6 Units), 160 Washington St (3 Units), 84 William St (3 Units), 81 Chambers St (5 units), 296 Liberty St (2 Units).

All Units have been gut rehabbed by the current owner, including new wiring, plumbing and heating systems along with new copper water lines. Tenants pay for heat in all properties. These are turnkey properties and all apartment units are currently occupied. All properties have fenced in backyards as well.

Newburgh, Orange County NY