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About This Home

This 6-bedroom, 3-bathroom residential multi family at 157 Chambers Street in Newburgh, NY is listed for $499,000. Built in 1900, on a 0.06 acres lot.

Agent Description

Investor's Dream in Newburgh's Historic East End! This exceptional legal 3-family residence is perfectly situated in the sought-after Historic East End of Newburgh, just minutes from the vibrant downtown waterfront, restaurants, shops, and major transportation.

A rare opportunity for investors seeking immediate cash flow and long-term appreciation in an area with strong and consistent rental demand. Beautifully renovated and move-in ready, this terrific property features three spacious 2-bedroom apartments, each thoughtfully updated with modern kitchens showcasing quartz countertops, new appliances, stylish cabinetry, and durable luxury vinyl flooring throughout.

Each unit is complemented by an updated full bathroom and bright, inviting living spaces with new vinyl flooring throughout as well. Whether you're looking to expand your investment portfolio or secure a high-performing income-producing asset, this property offers a unique combination of location, condition, and rental potential.

Simply step in, lease out, and start maximizing your returns from day one. Conveniently located near the Newburgh waterfront, parks, schools, shopping, public transportation, major highways, and the Beacon Metro-North station, making commuting and daily living effortless. A truly turnkey investment opportunity with tremendous upside which makes this property the perfect balance of comfort, convenience and affordability!!!

Key Features

  • Built in 1900
  • 0.06 acre lot

Property Details

3 full
1900

Amenities

A/C

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

157 Chambers Street

Newburgh, NY 12550

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathBreakfast BarChefs Kitchen

Property Details

Flooring

CarpetLaminate

Construction

Stone

Heating

Natural Gas

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 6-bedroom, 3-bathroom residential multi family at 157 Chambers Street is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.06 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath, Breakfast Bar.

This property is listed by Kieran Dwyer and can be reached at 9146297649 or kierandwyer81@gmail.com.

KD

Kieran Dwyer

Agent at Double C Realty

(914) 629-7649

Listed by Double C Realty · View on Broker Site

MLS# 1010918· Source: listhub· Updated 1 days ago

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157 Chambers Street, Newburgh, NY 12550

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