290 1st Street, Newburgh, NY 12550

• 5 beds |
• 3 baths |
• 2,340 sqft

Property Description

New to the Market – Prime Investment Opportunity in the City of Newburgh Discover the potential of this unique multi-parcel property offering a rare combination of income, space, and future development opportunity. Situated on a double lot with additional building potential, this duplex presents an exceptional opportunity for investors or buyers with vision. The property features a two-unit dwelling. The first-floor unit offers a comfortable 1-bedroom, 1-bath layout with an enclosed back porch, perfect for added living space or storage. The upper unit includes 2–3 bedrooms and 2 full bathrooms, providing flexible living arrangements. The property was recently fully occupied and offers strong income potential. While the duplex does require some updating, it provides a solid foundation for value-add improvements. Recent updates include two new heating systems, a new water line, and conversion to natural gas. Outside, the oversized lot provides abundant parking and a large backyard area. As an added bonus, the sale includes an additional building lot on a separate deed—opening the door for future development or expansion. The property presents a fantastic opportunity for investors looking to maximize value and potential in a growing area.

Listing Status:

Active

Data Last Updated:

May 11, 2026 at 7:20AM

Listing Office:

Picture It Sold, LLC : 845-283-5494

MLS ID:

876681

Interior

• General: Washer/Dryer Hookup
• A/C: None
• Heating: Natural Gas

Exterior

• Style: Foursquare
• Parking: DrivewayOversizedPrivate

Location

• Originating MLS: onekey2
• School District: Newburgh
• County: Orange County

Lot

• Zoning: 331100-022-000-0006-029.000-0000

Utilities

• Utilities: Electricity ConnectedTrash Collection Public
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2