18 Old North Plank Road Newburgh, NY 12550

Multi-Family (2-4 Units) MLS #: H6293746 Courtesy Of Exit Realty Venture

$1,150,000

14 beds | 5,528 sq ft
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Est. Property Tax: $14,677
Estimated monthly payments: $6,250/mo.* (recalculate)

Property InformationDescription

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Aluminum Siding, Vinyl Siding
  • Heating System: Baseboard
  • Lot Size: 2.4 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom

MAP & DIRECTIONS

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18 Old North Plank Road, Newburgh, NY 12550
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School Information

18 Old North Plank Road, Newburgh, NY 12550

Other Nearby Schools Distance Type Grades School Rating
Fostertown Etc Magnet School 0.8 mi Public KG-5 C-
Gardnertown Leadership Academy Elementary School 1.2 mi Public PK-5 B-
Balmville School 1.3 mi Public PK-5 D-
Gams High Tech Magnet School 2.0 mi Public PK-5 D+
Newburgh Free Academy 2.2 mi Public 9-12
Meadow Hill Global Explorations Magnet School 2.5 mi Public KG-8 B
Horizon-on-the-hudson Magnet School 2.7 mi Public PK-5 C
San Miguel Academy Of Newburgh 3.2 mi Private 5-8
South Middle School 3.4 mi Public 6-8 D-
Nora Cronin Presentation Academy 3.6 mi Private 5-8
Leptondale Elementary School 3.9 mi Public KG-6 C+
Sacred Heart School 4.0 mi Private PK-8
South Avenue School 4.0 mi Public KG-5 D+
Temple Hill School 4.2 mi Public KG-8 B+
Heritage Middle School 4.2 mi Public 6-8 D
New Windsor School 4.3 mi Public KG-5 A
Beacon High School 4.3 mi Public 9-12 C
Rombout Middle School 4.4 mi Public 6-8 D+
East Coldenham Elementary School 4.4 mi Public KG-5 C
Sargent School 4.7 mi Public PK-5 B-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Newburgh, NY 12550

Median Age: 37.3
Married: 43%
Number of Households: 18,964
Households with Children: 34.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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