157 Chambers Street
Newburgh, NY, 12550 $ 499,000
Bedrooms6 Baths3.0 Sq 2,640 Monthly Estimate*
$ 3,072
for $499,000 with 6 bedrooms and 3 full baths. This 2,640 square foot home was built in 1900 on a lot size of 0.0574.
This exceptional legal 3-family residence is perfectly situated in the sought-after Historic East End of Newburgh, just minutes from the vibrant downtown waterfront, restaurants, shops, and major transportation. A rare opportunity for investors seeking immediate cash flow and long-term appreciation in an area with strong and consistent rental demand. Beautifully renovated and move-in ready, this terrific property features three spacious 2-bedroom apartments, each thoughtfully updated with modern kitchens showcasing quartz countertops, new appliances, stylish cabinetry, and durable luxury vinyl flooring throughout. Each unit is complemented by an updated full bathroom and bright, inviting living spaces with new vinyl flooring throughout plus equipped with their own Electric heating and hot water systems too. Whether you're looking to expand your investment portfolio or secure a high-performing income-producing asset, this property offers a unique combination of location, condition, and rental potential. Simply step in, lease out, and start maximizing your returns from day one. Conveniently located near the Newburgh waterfront, parks, schools, shopping, public transportation, major highways, and the Beacon Metro-North station, making commuting and daily living effortless. A truly turnkey investment opportunity with tremendous upside which makes this property the perfect balance of comfort, convenience and affordability!!!
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FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath Breakfast Bar Chefs Kitchen
Basement Bilco Door(s) Crawl Space
Flooring Carpet Laminate
Total Fireplaces 0
Basement Features Bilco Door(s) Crawl Space
Basement (Y/N) Y
Window Features Aluminum Frames
Fireplace Y/N N
Total Bedrooms 6
Total Baths 3
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GeneralSewer Public Sewer
Heating Electric
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Garage Spaces 0
Architectural Style Colonial
Construction Materials Stone
Year Built 1900
Property Subtype Triplex
Tax Year 2026
Parcel Number 331100-018-000-0004-010.000-0000
County Orange County
Property Type Residential Income
Garage Y/N N
Full Baths 3
High School Newburgh Free Academy
City Newburgh (City)
Senior Community Y/N N
High School District Newburgh
Number Of Units Total 3
Carport Spaces 0
Carport Y/N N
Elementary School Newburgh
Property Attached Y/N N
Tax Annual Amount 7891.29
Middle/Junior High School MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
Property Condition Actual
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Newburgh
Elementary School District Newburgh
Tax Assessed Value 261400
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ExteriorParking Features None None
Water Source Public
Total Parking 0
Parking Spaces 0
Foundation Details Stone
Spa N
Building Area Total 2640
Waterfront Y/N N
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* Excluded FeaturesList ByKieran DwyerListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $3,072
- Monthly Property Taxes
- $658
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Newburgh, NY
Average List Price $416,371
Percent of Sale Price 17%
About Newburgh, NY 55,056 Population
6% Since 2002
$ 55,704 Median Income
36.74 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4892201 Elementary School
4892060 Middle School
Newburgh Free Academy High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/9/2026 | $499,000 | | Listed Price |