153 Lander ST Active Save Request In-Person Tour Request Virtual Tour
Newburgh,NY 12550
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 915636
Bedrooms 4
Full Baths 3
Rental Info No
Year Built 1900
Annual Tax Amount $13,574
Lot Size 5,998 Sqft
Acres 0.1377
Property Sub-Type Quadruplex
Source onekey2
Property Description
Located in the heart of Newburgh's Historic District, this fully leased three-story mixed-use building on an expanded lot includes a commercial storefront, a garden-level studio, and two full-floor residential apartments. The first floor features a storefront suitable for retail, office, or studio use. Toward the rear is a spacious hallway that leads to the backyard, a shared laundry room, and access to the garden-level studio. The studio also has a private exterior entrance and features soaring ceilings, offering versatility for living or work space. The second and third floors each contain a two-bedroom, one-bath apartment. Both residential units feature an open kitchen, dining, and living area with oak flooring, walk-in closets, and Energy Star stainless steel appliances. The top-floor bathroom includes a skylight that brings in natural light. Outdoor amenities include a shared patio area and backyard, along with off-street parking. There is also remains of a 3 car garage that could be rebuilt for additional income. The property is located near local restaurants, shops, public transportation, and the waterfront, within one of Newburgh's architecturally rich neighborhoods. Ideal for investors. Rent Roll: Storefront – $600/month, Studio – $1,745/month, Unit #2 – $2,100/month,
Unit #3 – $1,800/month. Gross income approx. $75,000, Net Income approx. $50,000.
Location
State NY
County Orange County
Rooms
Basement Full,Unfinished
Interior
Interior Features First Floor Full Bath,Ceiling Fan(s),Entrance Foyer,Recessed Lighting,Walk-In Closet(s)
Heating Baseboard,Heat Pump
Cooling None
Flooring Hardwood,Laminate,Tile
Fireplace No
Laundry Common Area
Exterior
Parking Features Driveway
Utilities Available Trash Collection Private
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Senior Community No
Special Listing Condition None