163 Chambers Street, Newburgh, NY 12550

Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
163 Chambers Street,Newburgh, NY 12550
$589,000
  • 9 Beds
  • 4 Baths
  • 2,880 sq. ft.
  • Multi-family
  • Pending
Listed by:joseph polatseck
Office:joseph polatseck
MLS#:893445
Source:OneKey MLS

Price summary

  • Price:$589,000
  • Price per sq. ft.:$204.51

About this home

*Exceptional Investment Opportunity!* Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. *Key Highlights:* - *Strong Cap Rate*: 10.5%+ potential for high returns on investment - *Renovated Property*: Modern amenities and reduced maintenance costs - *Prime Location*: Scenic views and growth potential in Newburgh's heart - *Income Potential*: 4-unit building with stable rental income potential *Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!

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Home facts

  • Year built:1890
  • Listing ID #:893445
  • Added:62 day(s) ago
  • Updated:September 25, 2025 at 01:28 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,880 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1890
  • Building area:2,880 sq. ft.
  • Lot area:0.06 Acres

Schools

  • High school:Newburgh Free Academy
  • Middle school:MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$589,000
  • Price per sq. ft.:$204.51
  • Tax amount:$8,939 (2024)
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