119 Chambers Street, Newburgh, NY 12550

$404,000
7
BD
3
BA

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List Price
$404,000
Price Change
▼ $1,000 1784413948
Days on Market
206
MLS#
947773
Status
ACTIVE
Property Type
Triplex
Year Built
1900
Property Tax
$10,236
Neighborhood
Newburgh
School District
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High School
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Jr. High
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Elementary School
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Property Description

Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

Additional Information

Bedrooms
7
Bathrooms
3
Full Baths
3
Acres
0.04
Parking
On Street
Basement
Unfinished
Heating
Radiant
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ari Lee (aritherealestateguy@gmail.com) from Listing Office: Sunbelt Sales & Development.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.