160 North Miller Street

Newburgh, NY 12550

$379,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental...Lucrative income producing investment property in historic City of Newburgh, NY with 10% Cap Rate with $39,936 in Net Operating Income. Located in the historic part of the up and coming City of Newburgh near the Newburgh Waterfront and minutes to Mount Saint Mary College, the Ferry to Beacon, Metro North to Beacon, I-84 and I-87. This classic townhouse style building has a rare 4 bedroom 2 story apartment and a lower level 2 bedroom apartment with rear entrance. Could be owner occupied with rental income or continue as purely an investment property. Four bedroom unit needs extensive renovations but could be restored to its former glory after current tenants move out at the end of September. Each unit has separate utilities and meters. Rents are fully covered by Section 8 with guaranteed payments and could continue moving forward. Additional Information: HeatingFuel:Oil Above Ground,
  1. Listed by Amy Coccia Wilhelm • Corcoran Baer & McIntosh
    P: (845)-987-2000 C: (845)-500-0059 amy@baerhomes.com

Property Details for 160 North Miller Street

Architectural Style
Townhouse
Waterfront
No
LISTING UPDATED: 12/04/2024 05:48 PM

Property Details for 160 North Miller Street

StatusActive
MLS #H6302287
Days on Market133
Taxes$5,844 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeDuplex
Year Built1900
Lot Size0.08 AC / 3,463 SF
CountyOrange County

Building Information for 160 North Miller Street

Stories-Residences2Year Built1900Building Size-Lot Size0.08 AC / 3,463 SF

Property Information for 160 North Miller Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: false
  • State Or Province: NY
School Information
  • School District: Newburgh
  • Middle Or Junior School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
  • High School District: Newburgh
  • High School: Newburgh Free Academy
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,494.00
Unit 2 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,799.00
Unit Information
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 331100-018-000-0002-035.000-0000
  • Tax Assessed Value: $220,000.00
  • Tenant Pays: Electricity,Heat
  • Additional Fees: 0
  • Association Amenities: Park
Income & Expenses Information
Income & Expenses Information
  • Gross Income: $51,516.00
  • Trash Expense: $1,800.00
  • Cap Rate: 10.00%
Interior and Exterior Features
Interior Features
  • Amenities: Eat in Kitchen, Hardwood Floors As Seen, Park, Public, Townhouse
  • Interior Features: Eat-in Kitchen
  • Basement: Partial
  • Location Amenities: Hardwood Floors As Seen, Eat in Kitchen
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: On Street, Near Public Transit, Near School, Near Shops, Level
  • Elevation Certificate: No
  • Construction Materials: Brick,Frame
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Near Public Transit,Near School,Near Shops,Level
  • Site Features: Near Public Transit, Near School, Near Shops, Level
Parking
  • Parking Features: On Street
Utilities
  • Cooling: None
  • Heating: Oil, Baseboard
  • Heat Fuel Type: Oil, Baseboard
  • Number Of Heating Zones: 2
  • Number Of Separate Gas Meters: 2
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Trash Collection Public
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Oil, Baseboard

Public Records for 160 North Miller Street

Taxable ValueLand$28,400Additions$191,600Total$220,000
Home Facts
Baths2Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStories2Lot Size3,465 SqFtStyleDuplexYear Built1900ZoningRMCountyORANGEAPN331100 18-2-35

Schools near 160 North Miller Street

This home is within Newburgh City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Horizon On The Hudson Magnet School
PublicPK to 5

South Middle School
Public6 to 8

Newburgh Free Academy Main Campus
Public9 to 12

Gams High Tech Magnet School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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160 North Miller Street is a multi-family home for sale in Newburgh, NY 12550. This property was listed for sale on August 7, 2024 by Corcoran Baer & McIntosh, it's currently listed at $379,000. This listing's school district is Newburgh City School District. Nearby schools include Horizon On The Hudson Magnet School, South Middle School and Newburgh Free Academy Main Campus. 160 North Miller Street is a 6-bed, 2-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Baer & McIntosh

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