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$499,000
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Property Description
This exceptional legal 3-family residence is perfectly situated in the sought-after Historic East End of Newburgh, just minutes from the vibrant downtown waterfront, restaurants, shops, and major transportation. A rare opportunity for investors seeking immediate cash flow and long-term appreciation in an area with strong and consistent rental demand. Beautifully renovated and move-in ready, this terrific property features three spacious 2-bedroom apartments, each thoughtfully updated with modern kitchens showcasing quartz countertops, new appliances, stylish cabinetry, and durable luxury vinyl flooring throughout. Each unit is complemented by an updated full bathroom and bright, inviting living spaces with new vinyl flooring throughout plus equipped with their own Electric heating and hot water systems too. Whether you're looking to expand your investment portfolio or secure a high-performing income-producing asset, this property offers a unique combination of location, condition, and rental potential. Simply step in, lease out, and start maximizing your returns from day one. Conveniently located near the Newburgh waterfront, parks, schools, shopping, public transportation, major highways, and the Beacon Metro-North station, making commuting and daily living effortless. A truly turnkey investment opportunity with tremendous upside which makes this property the perfect balance of comfort, convenience and affordability!!!
Full Property Details
Full Property Details for 157 Chambers St
General
- Price: $499,000
- Taxes: $7,891
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1010918
- Updated: 6/9/2026
- Added to Site: 32 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Chefs Kitchen
- Laundry Facilities: Yes
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Parking
- Parking Features: None
Location
- County: Orange County
School Information
- High School District: Newburgh
- Elementary School: Newburgh
- Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
- High School: Newburgh Free Academy
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Stone
- Basement: Yes
- Basement Desc.: Bilco Door(s), Crawl Space
- Windows: Aluminum Frames
- Building Size: 2640
- Square Feet: 2,640
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $7,891.29
Disclosures and Reports
- Special Conditions: None
- Property ID: 331100-018-000-0004-010.000-0000
Listed by Double C Realty
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Schools
Schools serving 157 Chambers St
School District:Newburgh City School District
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 157 Chambers St
Date
Details
Price
Change
Source
6/09/2026
Listed
$499,000
81.45%
MLS
6/07/2024
Sold
$275,000
—
Public Record
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
Tax History for 157 Chambers St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,399
4%
$261,400
10%
2024
$7,139
100%
$237,600
10%
2021
100%
$216,000
77%
2021
-100%
$121,700
20%
2021
$3,801
—
$101,400
18%
2021
$3,801
6%
$85,900
23%
2020
$3,573
139%
$70,000
10%
2018
$1,495
-54%
$63,600
—
2017
$3,226
-4%
$63,600
-2%
2016
$3,357
-9%
$64,900
-8%
2015
$3,700
-8%
$70,500
-10%
2015
$4,029
3%
$78,300
4%
2013
$3,913
—
$75,400
—
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
Estimate the Cost for 157 Chambers St
157 Chambers Street, Newburgh, NY 12550 (MLS# 1010918) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 157 Chambers Street is currently listed for $499,000 and was received on June 09, 2026. Want to learn more about 157 Chambers Street? 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.
