Fully remodeled 2 family home in the heart of Newburgh, offering a great opportunity for both investors and owner occupants. Located at 52 Lander Street, this property features two updated units with strong rental income and separate electric utilities for added efficiency and low maintenance ownership. There is no oil or gas, the entire property is fully electric.The first floor unit offers 2 bedrooms and 1 full bathroom with a functional layout and updated finishes throughout. The second floor unit features 2 bedrooms and 2 full bathrooms, including a primary bedroom with its own private ensuite bathroom.Both units are currently occupied by tenants paying $2,100 per month each, generating a total monthly income of $4,200. The first floor tenant is month to month, while the second floor tenant is on a lease. Ownership reports no history of late or missed payments from either tenant.A turnkey income producing property with modern updates, strong cash flow potential, and separately paid electric utilities, all conveniently located near restaurants, shopping, parks, major roadways, and the Newburgh waterfront.
Listing By
Agency Name: RE/MAX Town & Country
Agency Contact: 845-765-6128
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 1,854.57 per month $934.74 Principal & Interest $797.33 Property Tax $122.50 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
52 Lander Street | MLS# 997054
This multi-family property located at 52 Lander Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $420,000. Lander Street is located within the Newburgh school district. Search Newburgh real estate on www.coldwellbankerchoice.com today.