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Listed by: eXp Realty, LLC
$ 499,900
Est. payment | /mo
3,024 SqFt
$ 499,900
Est. payment | /mo
3,024 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $165
MLS Listing ID 20243119
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1950
Annual Tax Amount $7,275
Tax Year 7275
Lot Size 0.470 Acres
Acres 0.47
Property Description
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!
Location
State NY
County Orange
Area Orange
Schools
Elementary Schools Other
High Schools Newburgh City Schools
School District Newburgh City Schools
Others
Tax ID 43
