Newburgh, NY 12550,163 Chambers ST

$585,920

$589,000

0.5%
Est.Price: ?

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Est. payment /mo

9 Beds

4 Baths

2,500 Sqft Lot


SOLD DATE : 11/26/2025

Key Details

Sold Price $585,920

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 893445

Sold Date 11/26/25

Bedrooms 9

Full Baths 4

Rental Info No

Year Built 1890

Annual Tax Amount $8,938

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Quadruplex

Source onekey2

Property Description

*Exceptional Investment Opportunity!*

Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success.

*Key Highlights:*

- *Strong Cap Rate*: 10.5%+ potential for high returns on investment
- *Renovated Property*: Modern amenities and reduced maintenance costs
- *Prime Location*: Scenic views and growth potential in Newburgh's heart
- *Income Potential*: 4-unit building with stable rental income potential

*Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!

Location

State NY

County Orange County

Interior

Interior Features Other

Heating Baseboard, Other

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Fence Back Yard

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Garage false

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Middle Schools Meadow Hill Global Explorations Magnet School

High Schools Newburgh

School District Newburgh

Others

Senior Community No

Special Listing Condition None

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Listed by Joseph Polatseck • Joseph Polatseck
Bought with RE/MAX Distinguished Hms.&Prop

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Jairo (Jay) Monegro
Jairo (Jay) Monegro

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