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175 Liberty St 1 Unit Apartment Building $699,000 ($699,000/Unit) Newburgh, NY 12550
Investment Highlights
- Airbnb ready and essentially staged
- Sellers are happy to pass along the current Airbnb operation to new ownership
- New slab and lighting in basement
Executive Summary
Welcome to Liberty Street in downtown Newburgh New York! This two unit apartment building has been wonderfully renovated and furnished, and is perfect for a new neighbor or investor. Currently both units operate as successful short-term rentals and it will be easy to either move in or keep renting over the long or short-term! On the first floor is a one-bedroom apartment with access to a large deck. Historical details like trims and fireplaces have been preserved, and a modern kitchen and bathroom make it move-in or lease-up ready. Upstairs is a charming two-story apartment with kitchen, living room, dining room, and full bath on the first level. The top level of the home has another full bath and three well-sized bedrooms. The walk out basement is semi-finished with a new concrete slab and ample space for storage and laundry. While the building has been totally modernized with contemporary plumbing and electric throughout the home, historical trims, fireplaces, and floors have been preserved. This is a lovely, inviting home on a block with fantastic neighbors and businesses. We can't wait to welcome you to Newburgh!
Property Facts
| Price | $699,000 | Building Class | C |
| Price Per Unit | $699,000 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,430 SF |
| No. Units | 1 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1880/2006 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | DN - | ||
| Price | $699,000 |
| Price Per Unit | $699,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,430 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1880/2006 |
| Opportunity Zone |
Yes |
| Zoning | DN - |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Deck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | - | 2,430 |
1 1
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | 331100-030-000-0005-010.100-0000 | Improvements Assessment | $644,100 |
| Land Assessment | $36,300 | Total Assessment | $680,400 |
Property Taxes
Parcel Number
331100-030-000-0005-010.100-0000
Land Assessment
$36,300
Improvements Assessment
$644,100
Total Assessment
$680,400
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175 Liberty St
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