12 Russo Dr

Newburgh, NY 12550
  • $569,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing PREF01 - 50625

Great investment opportunity is knocking on your door! Location, location, location! This multi-family investment property is looking for new ownership. Located in the Town of Newburgh and within the Marlboro School District, this property offers excellent potential for investors. The property consists of three residential units, each with its own electric meter. The first floor features a spacious, walk-in 3-bedroom, 2-bathroom apartment with a laundry room. The second floor offers two 1-bedroom, 1-bathroom apartments, that share a common staircase and entrance on the right side of the building. There is also a full basement that could potentially be incorporated into the first-floor apartment to create a large living space for an owner-occupant. Alternatively, it could potentially be converted into a fourth unit, as it was previously used years ago, subject to updates and required code upgrades, including a sprinkler system and other improvements. The property's desirable location makes it attractive to renters, particularly those seeking access to the Marlboro School District. Don't miss this excellent investment opportunity in a sought-after location!

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 1038103
Year Built 1940
Total Square Footage 0
Lot/Acreage 0.67
County Orange County
School District Marlboro
Elementary School Marlboro Elementary School
Middle School Marlboro Middle School

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Electric
  • Fireplaces:
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Unfinished,Walk-Out Access
  • Other: First Floor Bedroom,First Floor Full Bath,Natural Woodwork
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Level,Near Public Transit,Near School,Near Shops,No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others: Actual
  • Sewer: Septic Tank
  • Parking Features: Driveway,Parking Lot

Financial Details

  • Tax Amount: $8,176
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 334600-009-000-0002-017.000-0000
  • Tax Year: N/A

Payment Calculator

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12 Russo Dr Newburgh, NY 12550

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Originating MLS: onekey2

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