Pending

5152 Route 9w

Newburgh NY, 12550

$499,900


$165.31 per sqft

Pending

3,024 sqft

Commercial

Built in 1950

Welcome to 5152 Route 9w, an exceptional investment opportunity in the Town of Newburgh, NY! This charming 3 bedroom, 1.5 bathroom home is not only a comfortable and spacious residence or rental, but it also includes a 3 unit commercial building located on Route 9W that can generate steady income for either an owner occupant or as an investor looking for a diversified stream of revenue. Proven successful location with 2 of 3 leases maintained for 8 & 15 years, $22.35 per sq ft, double net lease, tenants pay all own utilities and insurance. Residence situated behind commercial unit offering its own privacy, separate shared driveway entrance from Balmville Rd to easily avoid traffic. Enter into a bright and open floor plan which is great for family gatherings, cozy patio situated conveniently off the kitchen. Primary bedroom and one bath on main floor, two additional bedrooms and additional bath downstairs with separate entrance. Whether you occupy the home and use the commercial rentals for passive income or rent the home for additional profits you'll be sure to find 5152 Route 9W is a valuable asset in your investment portfolio! Don't miss your opportunity to own a valuable piece of real estate with multiple sources of income in a prime location! Close to major highways and shopping centers as well as enjoyable nightlife including the Newburgh waterfront! Make this your next investment and enjoy all the benefits for years to come!

20243119

MLS ID

July 13, 2024

Listed

November 22, 2024

Updated

Map

5152 Route 9w
Newburgh NY, 12550

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.47 Acres

School Information

School District

Newburgh City Schools


Elementary School

Other

Other Property Details

Area Name

Orange


Taxes

$7,275


Tax Frequency

Annually


Garage

No


View

No


County

Orange


Municipality

Newburgh Town


Pool

No


Zoning

-

Listing History

Date

Event

Price

8/12/2024

Pending

Listed by Erica Heckle with eXp Realty, LLC
Listing Contact:  

The IDX display contains information sourced from the Hudson Valley Catskill Region MLS as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Hudson Valley Catskill Region MLS all rights reserved.

Data last updated on 11/22/2024 at 11:28 AM UTC

 

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