18 Old North Plank Road Newburgh, NY $ 1,150,000
18 Old North Plank Road
$ 1,150,000
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18 Old North Plank Road

Newburgh, NY, 12550
$ 1,150,000
Bedrooms14 Baths0.0 Sq 5,528

Monthly Estimate*

$ 6,887

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Multi-Family Home for sale in Newburgh, NY

for $1,150,000 with 14 bedrooms. This 5,528 square foot home was built in 1930 on a lot size of 2.4.

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.

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Multi-Family Pending

Price

$ 1,150,000

Bedrooms

14

Property Type

Multi-Family

Taxes

$ 14,677

Style

Lot Size

2.4

Year Built

1930

Town/City

Newburgh

County/Region

Orange

MLS | Web ID

H6293746

Features
Interior
Basement Full
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General
High School Newburgh Free Academy
High School District Newburgh
NumberOfUnitsTotal 8
Lot Size Units Acres
Elementary School Magnet Sch of Math Science & Design
Middle/Junior High School Call Listing Agent
Building Area Units Square Feet
Living Area Units Square Feet
Middle/Junior School District Newburgh
Elementary School District Newburgh
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* Excluded Features
List By
Jacob Katz

Listing Agent

Exit Realty Venture

Broker

jkatz@exitrv.com

Email

Affordability Calculator

$8,111
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,887
Monthly Property Taxes
$1,223
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101491 Elementary School
4099678 Middle School
Newburgh Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$1,150,000 Listed Price

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18 Old North Plank Road, Newburgh, NY, 12550 is a Multi-Family Home for sale at $1,150,000 with 5,528 sqft and a lot size of 2.4. 18 Old North Plank Road has 14 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 12550 which is in Newburgh, NY