5152 Route 9w, Newburgh, NY

$499,900

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About 5152 Route 9w

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 nightlife including the Newburgh waterfront! Make this your next investment and enjoy all the benefits for years to come!

Features of 5152 Route 9w

MLS® # H6316898
Price $499,900
Bathrooms 0.00
Acres 0.00
Year Built 1950
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 5152 Route 9w
City Newburgh
County Orange
State NY
Zip Code 12550

Additional Information

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Amenities

Is Waterfront No
Has Pool No

Interior

Heating Oil, Radiant, See Remarks
Cooling None
Fireplace No

School Information

District Newburgh

Additional Information

Zoning -
Short Sale No
RE / Bank Owned No
Taxes (total) $7,276

Listing Details

OfficeeXp Realty
Office Contact888-2760630

Listing Map

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