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!
Property Features
Basement
Full
Unfinished
Walk-Out Access
Utilities
Electricity Connected
Water Connected
Parking
Driveway
Parking Lot
Cooling Information
Wall/Window Unit(s)
Heating Information
Electric
Water Features
Public
House Interior
Natural Woodwork
School Information
School Information for 12 Russo Drive, Newburgh, NY 12550
Elementary School
Marlboro Elementary School
Middle School
Marlboro Middle School
High School
Marlboro Central High School
Listing Courtesy: Preferred Properties Real Esta - 845-783-4147