5152 Route 9w, Newburgh, New York 12550

Listing ID #20231004
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61 Bedrooms
0 Bathrooms
2,572 Sqft
Basic Details
Property Type Commercial/industrial
Property Sub Type Mixed Use
Listing Type For Sale
Listing ID 20231004
Price $579,900
Bedrooms 61
Rooms 0
Bathrooms 0
Bathrooms Full 0
Half Bathrooms 0
Square Footage 2,572 Sqft
Year Built 1950
Lot Area 0.48 Sqft
Property Description

Welcome to 5152 Route 9w, an exceptional investment opportunity in the Town of Newburgh, NY! This charming 3 bedroom, 1.5 bathroom home is not only a comfortable and spacious residence or rental, but it also includes a 3 unit commercial building located on Route 9W that can generate steady income for either an owner occupant or as an investor looking for a diversified stream of revenue. Proven successful location with 2 of 3 leases maintained for 8 & 15 years, $22.35 per sq ft, double net lease, tenants pay all own utilities and insurance. Residence situated behind commercial unit offering its own privacy, separate shared driveway entrance from Balmville Rd to easily avoid traffic. Enter into a bright and open floor plan which is great for family gatherings, cozy patio situated conveniently off the kitchen. Primary bedroom and one bath on main floor, two additional bedrooms and additional bath downstairs with separate entrance. Whether you occupy the home and use the commercial rentals for passive income or rent the home for additional profits you’ll be sure to find 5152 Route 9W is a valuable asset in your investment portfolio! Don’t miss your opportunity to own a valuable piece of real estate with multiple sources of income in a prime location! Close to major highways and shopping centers as well as enjoyable night life including the Newburgh waterfront! Make this your next investment and enjoy all the benefits for years to come!

Address Map
New York
Orange County
New York-Newburgh
5152 Route 9w
W75° 59' 8.4''
N41° 32' 6.5''
MLS Addon
eXp Realty, LLC
0 Sqft