$620,000

282 Grand Street, Newburgh, NY 12550

  • 4 beds |
  • 3 baths |
  • 2,788 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon3,250sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Prime Income-Producing Triplex in Historic Newburgh Rare opportunity to acquire a fully rented 3-unit property in Newburgh's sought-after historic district. This turnkey investment delivers immediate cash flow with all units currently occupied. The property features a generous 2-bedroom duplex with private outdoor deck and exclusive yard access, complemented by two attractive 1-bedroom apartments. Original hardwood flooring and details enhance appeal across all units, supporting strong tenant retention and rental demand. Location advantages include proximity to the district's dining, shopping, and cultural amenities, plus straightforward connectivity to Metro-North, major highways, and neighboring Beacon. The area continues to attract attention from renters and buyers alike as Newburgh's transformation gains momentum. Ideal for portfolio expansion or first-time multi-family buyers seeking a managed asset with proven performance.

Listing Status:
Active
Listing Office:
Corcoran Country Living : 845-765-4888
MLS ID:
940659
  • General: First Floor Full BathMaster Downstairs
  • Basement: Partially Finished
  • Flooring: Hardwood
  • A/C: Varies by Unit
  • Heating: ElectricNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: Other
  • Parking: On Street
  • Originating MLS: onekey2
  • School District: Newburgh
  • County: Orange County
  • Zoning: 331100-010-000-0002-023.000-0000
  • Utilities: Electricity AvailableNatural Gas AvailableSewer ConnectedWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Corcoran Country Living

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

H

Horizon-on-the-Hudson Magnet School

137 Montgomery St, Newburgh, NY, 12550

Grades PK-5

0.18 miles away

H

Heritage Middle School

405 Union Ave, New Windsor, NY, 12553

Grades 6-8

2.98 miles away

N

Newburgh Free Academy

201 Fullerton Ave, Newburgh, NY, 12550

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.