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26 City Terrace, Newburgh, NY 12550
$315,000 Sale Pending
26 City Terrace, Newburgh, NY 12550View this property at 26 City Terrace, Newburgh, NY 12550
26 City TerraceNewburghNY12550
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Property Description
Welcome to 26 City Terrace, Newburgh, NY - an exceptional multifamily investment opportunity that combines convenience and potential income. Situated in a prime location, this property is perfectly positioned for commuters, outdoor enthusiasts, and investors looking for a promising venture. Located just moments away from major highways, residents here enjoy quick and easy access to neighboring cities and attractions. The scenic Newburgh waterfront, with its charming restaurants and recreational activities, is within reach, offering a delightful lifestyle to your future tenants or homeowners. Additionally, the proximity to the Beacon Train Station ensures seamless connectivity to the Metro-North Railroad, making it a breeze for commuters to reach New York City and the Hudson Valley. This property comprises two distinct units, making it an ideal income-generating investment. The top unit has the potential for 2 to 3 bedrooms, complete with full kitchen and bath, making it perfect for families or individuals seeking generous living space. Meanwhile, the lower unit features 2 bedrooms, living room, kitchen, and bath providing a cozy and functional residence. Investors, seize this golden opportunity to maximize your returns in the thriving Newburgh real estate market. Sold as-is. Come join in Newburgh's renaissance! This won't last!
Full Property Details
Full Property Details for 26 City Terrace
General
- Price: $315,000
- Taxes: $6,979
- Status: Pending
- Type: Multi-Family
- MLS ID: H6294131
- Updated: 5/5/2024
- Added to Site: 83 day(s) ago
Interior
- Interior Features: Master Downstairs, Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Amenities: Park
Parking
- Parking Features: Common
Location
- County: Orange
- Township: Newburgh
- Neighborhood: Newburgh
- Driving Directions: Turn left onto NY-17K E/Hwy 17K E, Continue straight onto Broadway, Turn left onto City Terrace and drive to #26 on Right
School Information
- Elem School District: Newburgh
- Midd School District: Newburgh
- High School District: Newburgh
- Elementary School: Magnet Sch of Math Science & Design
- Middle School: Call Listing Agent
- High School: Newburgh Free Academy
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: None, Wall Unit(s)
- Heating Type: Natural Gas, Gravity
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Detached/Attached: Attached
- Construction: Advanced Framing Technique, Brick, Stucco
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Common Walls: 2+ Common Walls
- Square Feet: 1,942
- Sq. Ft. Source: Municipality
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,121
- Lot Size Source: Other
- Road Maintenance: Public Maintained Road
- Lot Features: Level, Near Public Transit
Financial Considerations
- Tax Amount: $6,979
- Tenant Pays: All Utilities
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Property ID: 331100.029.000-0005-029.000/0000
Listed by eRealty Advisors, Inc
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Schools
Schools serving 26 City Terrace
School District:Newburgh City School District
Rating | Name | Grades | Distance |
---|---|---|---|
Newburgh Free Academy Main Campus
201 Fullerton Ave, Newburgh, NY 12550 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 26 City Terrace
Date
Details
Price
Change
Source
3/12/2024
Listed
$315,000
93.01%
MLS
1/17/2007
Sold
$163,200
—
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 26 City Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2021
100%
$204,000
30%
2021
-100%
$157,100
20%
2021
$6,212
—
$130,900
18%
2021
$6,212
-24%
$110,900
50%
2020
$8,166
123%
$74,100
10%
2018
$3,662
26%
$67,400
17%
2017
$2,916
-57%
$57,500
7%
2016
$6,852
124%
$53,500
-8%
2015
$3,054
-8%
$58,200
-10%
2015
$3,329
-20%
$64,700
-23%
2013
$4,166
—
$84,100
—
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 26 City Terrace
26 City Terrace, Newburgh, NY 12550 (MLS# H6294131) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 26 City Terrace is currently listed for $315,000 and was received on March 12, 2024. Want to learn more about 26 City Terrace? 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.