12 Russo DR, Newburgh, NY 12550
12 Russo DR, Newburgh, NY 12550
12 Russo DR, Newburgh, NY 12550
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$569,000
Est. payment /mo
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5 Beds
4 Baths
0.67 Acres Lot
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12 Russo DR Newburgh, NY 12550

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1038103

Style Modern

Bedrooms 5

Full Baths 4

Rental Info No

Year Built 1940

Annual Tax Amount $8,175

Lot Size 0.669 Acres

Acres 0.6686

Property Sub-Type Triplex

Source onekey2

Property Description

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!

Location

State NY

County Orange County

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Natural Woodwork

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Exterior

Parking Features Driveway, Parking Lot

Utilities Available Electricity Connected, Water Connected

Garage false

Private Pool No

Building

Lot Description Front Yard, Level, Near Public Transit, Near School, Near Shops

Foundation Brick/Mortar

Sewer Septic Tank

Water Public

Structure Type Brick,Frame,Stucco

Schools

Elementary Schools Marlboro Elementary School

Middle Schools Marlboro Middle School

High Schools Marlboro

School District Marlboro

Others

Senior Community No

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Preferred Properties Real Esta • Joel Winkler

Nearby Locations

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Alex Galvez

Alex Galvez

Broker | LIC#10491210468

+1(646) 326-3146

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12 Russo DR