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$620,000
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Property Description
Prime Income-Producing Triplex in Historic Newburgh Rare opportunity to acquire a fully rented 3-unit property in Newburgh's sought-after historic district. This turnkey investment delivers immediate cash flow with all units currently occupied. The property features a generous 2-bedroom duplex with private outdoor deck and exclusive yard access, complemented by two attractive 1-bedroom apartments. Original hardwood flooring and details enhance appeal across all units, supporting strong tenant retention and rental demand. Location advantages include proximity to the district's dining, shopping, and cultural amenities, plus straightforward connectivity to Metro-North, major highways, and neighboring Beacon. The area continues to attract attention from renters and buyers alike as Newburgh's transformation gains momentum. Ideal for portfolio expansion or first-time multi-family buyers seeking a managed asset with proven performance.
Full Property Details
Full Property Details for 282 Grand St
General
- Price: $620,000
- Taxes: $11,284
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 940659
- Updated: 12/3/2025
- Added to Site: 45 day(s) ago
Interior
- Interior Features: First Floor Full Bath, Master Downstairs
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: On Street
Location
- County: Orange County
School Information
- High School District: Newburgh
- Elementary School: Fostertown Etc Magnet School
- Middle School: Heritage Middle School
- High School: Newburgh Free Academy
Heating & Cooling
- Cooling Type: Varies by Unit
- Heating Type: Electric, Natural Gas
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Architectural Style: Other
- Detached/Attached: Attached
- Construction: Brick, Stucco
- Basement: Yes
- Basement Desc.: Partially Finished
- Building Size: 2788
- Square Feet: 2,788
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.0746
- Lot Size (Sq. Ft.): 3,250
Financial Considerations
- Tax Amount: $11,284.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 331100-010-000-0002-023.000-0000
Listed by Corcoran Country Living
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Schools
Schools serving 282 Grand St
School District:Newburgh City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 282 Grand St
Date
Details
Price
Change
Source
12/03/2025
Listed
$620,000
629.41%
MLS
4/24/2009
Sold
$85,000
—
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 282 Grand St
Year
Property Taxes
Change
Tax Assessment
Change
2021
100%
$344,400
5%
2021
100%
$328,000
32%
2021
-100%
$247,900
20%
2021
$7,990
—
$206,600
10%
2021
$7,990
4%
$187,800
27%
2020
$7,695
140%
$148,000
9%
2018
$3,201
-54%
$136,200
—
2017
$6,908
-2%
$136,200
—
2016
$7,046
-1%
$136,200
—
2015
$7,148
—
$136,200
-2%
2015
$7,152
17%
$139,000
11%
2013
$6,113
—
$124,800
—
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 282 Grand St
282 Grand Street, Newburgh, NY 12550 (MLS# 940659) is a Multi-Family property with 3 units containing 4 bedrooms and 3 full bathrooms. 282 Grand Street is currently listed for $620,000 and was received on December 03, 2025. Want to learn more about 282 Grand 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.
