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$399,000
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Property Description
Discover a fantastic investment opportunity in the vibrant city of Newburgh with this charming 3-unit property that promises both comfort and profitability. All units are currently rented, generating income at an impressive 11% cap rate, making it an ideal choice for investors and homeowners alike. The first floor features a well-appointed 2-bedroom, 1-bath apartment with a cozy atmosphere and spacious living areas appreciated by current tenants. The first floor also features a studio room and bathroom which can be used for commercial/retail. The second-floor unit is a spacious 3-bedroom, 1-bath apartment with access to a beautifully finished attic, offering versatility for use as a home office, playroom, or storage. With its prime location in Newburgh, known for cultural richness and growth potential, this property offers convenient access to local amenities and a thriving neighborhood with a strong sense of community. Whether you're looking to expand your investment portfolio or seeking a home that pays for itself, this 3-unit property in Newburgh offers the best of both worlds. Don't miss this chance to invest in a promising property in a dynamic city.
Full Property Details
Full Property Details for 72 Wisner Ave
General
- Price: $399,000
- Taxes: $4,685
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 928995
- Updated: 12/22/2025
- Added to Site: 82 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, Natural Woodwork, Open Floorplan, Open Kitchen, Original Details, Pantry, Washer/Dryer Hookup
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: On Street
Location
- County: Orange County
School Information
- High School District: Newburgh
- Elementary School: Meadow Hill Global Explorations Magn
- Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
- High School: Newburgh Free Academy
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Building Size: 2060
- Square Feet: 2,060
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.0689
- Lot Size (Sq. Ft.): 3,000
- Road Maintenance: Public Maintained Road
- Lot Features: Cleared
Financial Considerations
- Tax Amount: $4,685.6
Disclosures and Reports
- Special Conditions: None
- Property ID: 331100-026-000-0001-054.000-0000
- Block: 1
- Lot Number: 54
Listed by Avion
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Schools
Schools serving 72 Wisner Ave
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 72 Wisner Ave
Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$399,000
-4.77%
MLS
10/28/2025
Listed
$419,000
49.64%
MLS
4/10/2022
Sold
$280,000
—
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 72 Wisner Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
100%
$143,000
-28%
2021
-100%
$199,400
20%
2021
$11,467
-36%
$166,200
20%
2020
$18,001
100%
$138,900
—
2018
$8,995
28%
$138,900
—
2017
$7,045
-23%
$138,900
2%
2016
$9,101
27%
$136,200
—
2015
$7,148
2%
$136,200
—
2015
$7,008
-1%
$136,200
-5%
2013
$7,061
—
$142,800
—
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 72 Wisner Ave
72 Wisner Avenue, Newburgh, NY 12550 (MLS# 928995) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 72 Wisner Avenue is currently listed for $399,000 and was received on October 28, 2025. Want to learn more about 72 Wisner Avenue? 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.
