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$569,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 9 days ago
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Great investment opportunity is knocking on your door! Location, location, location! This multi-family investment property is looking for new ownership. Located in the Town of Newburgh and within the Marlboro School District, this property offers excellent potential for investors. The property consists of three residential units, each with its own electric meter. The first floor features a spacious, walk-in 3-bedroom, 2-bathroom apartment with a laundry room. The second floor offers two 1-bedroom, 1-bathroom apartments, that share a common staircase and entrance on the right side of the building. There is also a full basement that could potentially be incorporated into the first-floor apartment to create a large living space for an owner-occupant. Alternatively, it could potentially be converted into a fourth unit, as it was previously used years ago, subject to updates and required code upgrades, including a sprinkler system and other improvements. The property's desirable location makes it attractive to renters, particularly those seeking access to the Marlboro School District. Don't miss this excellent investment opportunity in a sought-after location!

Full Property Details for 12 Russo Dr

General

  • Price: $569,000
  • Taxes: $8,175
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 1038103
  • Updated: 8/18/2026
  • Added to Site: 10 day(s) ago

Interior

  • Interior Features: First Floor Bedroom, First Floor Full Bath, Natural Woodwork
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking Features: Driveway, Parking Lot

Location

  • County: Orange County

School Information

  • High School District: Marlboro
  • Elementary School: Marlboro Elementary School
  • Middle School: Marlboro Middle School
  • High School: Marlboro Central High School

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Electric
  • Heating Zones: 3

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Connected, Water Connected

Structural Information

  • Architectural Style: Modern
  • Detached/Attached: Detached
  • Construction: Brick, Frame, Stucco
  • Basement: Yes
  • Basement Desc.: Full Basement, Unfinished, Walk-Out Access
  • Building Size: 3072
  • Square Feet: 3,072
  • Year Built: 1940

Lot Features

  • Lot Size (Acres): 0.6686
  • Lot Size (Sq. Ft.): 29,125
  • Lot Features: Front Yard, Level, Near Public Transit, Near School, Near Shops

Financial Considerations

  • Tax Amount: $8,175.96
  • Tenant Pays: Electricity, Heat

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 334600-009-000-0002-017.000-0000

Listed by Preferred Properties Real Esta

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— 12 Russo Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 12 Russo Dr

School District:Marlboro Central School District
NameGradesDistance
Marlboro Elementary School
1380 Route 9W, Marlboro, NY 12542
K-53 mi
Marlboro Middle School
1375 Route 9W, Marlboro, NY 12542
6-83 mi
Marlboro Central High School
50 Cross Road, Marlboro, NY 12542
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12 Russo Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/18/2026
Listed
$569,000
22.37%
MLS
3/25/2025
Sold
$465,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12 Russo Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,384
—
$65,000
—
2024
$7,370
100%
$65,000
—
2021
-100%
$65,000
—
2021
$9,123
9%
$65,000
—
2020
$8,395
9%
$65,000
—
2018
$7,721
4%
$65,000
—
2017
$7,431
2%
$65,000
—
2016
$7,270
1%
$65,000
—
2015
$7,208
2%
$65,000
—
2015
$7,040
15%
$65,000
—
2013
$6,106
—
$65,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 12 Russo Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Preferred Properties Real Esta

12 Russo Drive, Newburgh, NY 12550 (MLS# 1038103) is a Multi-Family property with 3 units containing 5 bedrooms and 4 full bathrooms. 12 Russo Drive is currently listed for $569,000 and was received on August 18, 2026. Want to learn more about 12 Russo Drive? Do you have questions about finding other Multi-Family real estate for sale in Newburgh? You can browse all Newburgh real estate or contact a Coldwell Banker agent to request more information.

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