26 N CITY TR Newburgh, NY 12550 in Newburgh, New York

Price: $329,900
Type: Houses for sale
Bedrooms: 2
Square Footage: 2,771
State: New York  City: Newburgh  Zip code: 12550 Category: Houses for sale
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Investor's Dream a 9% return on your money! Mount Saint Mary's College Rental. This is a large two family home bordering College property. It has been historically used for student housing. Excellent income potential. Big house on a corner lot. Currently 7 rooms are for rent at 600 per room. Students all share kitchens and common areas. This year the owners converted the steam boiler from oil heat to very efficient natural gas. Owners chose to make some improvements and updates this semester and did not rent. This is the only time there has been any vacancy in the house in years. Great opportunity for a hands on investor or parents with kids in the college.
Bedrooms: 7
Full Bathrooms: 2
Half Bathrooms: 0
Living Area: 2,771
Lot Size: 0 acres
Type: Multi-Family Home
County: Orange County
Year Built: xxxx
Status: Active
Subdivision: --
Area: --
Utilities: Water: Municipal Sewer: Municipal
Taxes: xxxx0
Status: Active
Construction: Block, Frame
Garage/Parking: Common, Assigned
Style: Duplex, See Remarks
Water/Sewer: Water: Municipal; Sewer: Municipal
Heating/Cooling: Heat: Natural Gas, Radiator; AC: None
School District: Newburgh
Elementary School: Magnet
Middle School:Magnet
High School:Nfa