85 City Terrace Newburgh, NY $ 465,000
85 City Terrace
$ 465,000
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85 City Terrace

Newburgh, NY, 12550
$ 465,000
Bedrooms6 Baths3.0 Sq 2,522

Monthly Estimate*

$ 2,901

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Multi-Family Home for sale in Newburgh, NY

for $465,000 with 6 bedrooms and 3 full baths. This 2,522 square foot home was built in 1890 on a lot size of 0.0574.

Discover this beautifully maintained brick 3 family home, offering both comfort and income potential. Three separate units, each thoughtfully designed for homeowners and investors alike. Recently renovated kitchen and bathrooms with contemporary finishes. New elegant and durable flooring throughout, adding warmth and character. Some new plumbing and water heating systems. As per owner roof is 2 years old. With a strong rental income opportunity, this home is perfect for an investor seeking cash flow or a homeowner looking to offset mortgage costs with rental income.

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Multi-Family Pending

Price

$ 465,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,843

Style

Triplex

Lot Size

0.0574

Year Built

1890

Town/City

Newburgh

County/Region

Orange

MLS | Web ID

830475

Features
Interior
Interior Amenities High Ceilings
Basement Full Unfinished Walk-Out Access
Flooring Vinyl
Basement Features Full Unfinished Walk-Out Access
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 6
Total Baths 3
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General
Sewer Public Sewer
Heating Natural Gas See Remarks
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Patio/Porch Features Porch
Construction Materials Block Brick
Year Built 1890
Tenant Pays Electricity
Property Subtype Triplex
Tax Year 2024
Parcel Number 331100-022-000-0002-022.000-0000
County Orange County
Insurance Expense 2765
Property Type Residential Income
Garage Y/N N
Full Baths 3
Directions Broadway to 9W North make a right on Third Street then a right on City Terrace.
High School Newburgh Free Academy
City Newburgh (City)
Disclosures Other Disclosures
Senior Community Y/N N
High School District Newburgh
Number Of Units Total 3
Carport Y/N N
Elementary School Newburgh
Property Attached Y/N Y
Tax Annual Amount 7843.98
Showing Instructions Must have confirmed appointment through showing time.
Fuel Expense 2280
Middle/Junior High School Newburgh
Property Condition Updated/Remodeled
Trash Expense 1976
Water Sewer Expense 612
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Pending
Tax Assessed Value 229000
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Exterior
Parking Features On Street On Street
Water Source Public
Foundation Details Other Stone
Spa N
Building Area Total 2522
Waterfront Y/N N
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 85
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* Excluded Features
List By
Jodi M Gillespie

Listing Agent

Gillespie Real Estate Llc

Broker

845-565-7073

Contact

Affordability Calculator

$3,555
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,901
Monthly Property Taxes
$654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4892201 Elementary School
4892574 Middle School
Newburgh Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2025$465,000 Listed Price

Map


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85 City Terrace, Newburgh, NY, 12550 is a Multi-Family Home for sale at $465,000 with 2,522 sqft and a lot size of 0.0574. 85 City Terrace has 6 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 12550 which is in Newburgh, NY