18 Old North Plank Road

Newburgh, NY 12550

$1,150,000
Price
14
Beds
5,528 Sq. Ft.
$208 / Sq. Ft.
5,528
Sq. Ft.
$208
per Sq. Ft.

Description

A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof...A/O 4/10 Showing for backup. Welcome to 18 Old North Plank Rd. Newburgh, NY. A rare investment of 8% cap rate! Buildings with a total of 8 apartments! Three 3-bedroom units and five 1-bedroom units. This 2.4-acre Property is perfectly situated on a corner lot. All units are occupied by tenants on a month-to-month lease. Separate utilities for each unit. Every tenant pays their own heat & electricity bill. See an income & expense sheet in the photos. 24-hour notice is required for showings. Proof of funds and/or pre-approval is required for a confirmed appointment. Grab this super deal before it's gone! Showings only on Tuesday.
  1. Listed by Jacob Katz • Exit Realty Venture
    P: 845-999-3948 C: 845-537-0116 jkatz@exitrv.com

Property Details for 18 Old North Plank Road

Garage Spaces
.00

Location

Listing Courtesy of Exit Realty Venture
Add your commute
LISTING UPDATED: 04/10/2024 06:23 PM

Property Details for 18 Old North Plank Road

StatusActive
MLS #H6293746
Days on Market40
Taxes$14,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1930
Lot Size2.40 AC / 104,544 SF
CountyOrange County

Location

Listing Courtesy of Exit Realty Venture
Add your commute

Building Information for 18 Old North Plank Road

Stories-Residences8Year Built1930Building Size-Lot Size2.40 AC / 104,544 SF

Payment Calculator

$7,499 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,223

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18 Old North Plank Road

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Rt. 32 ( North Plank Road ) west from 9W / 84 to right on Old North Plank Road, property is on the right
  • Year Built Source: Estimated
  • Property Attached: No
  • Structure Type: false
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • State Or Province: NY
School Information
  • School District: Newburgh
  • Elementary School District: Newburgh
  • Elementary School: Magnet Sch of Math Science & Design
  • Middle Or Junior School District: Newburgh
  • Middle Or Junior School: Call Listing Agent
  • High School District: Newburgh
  • High School: Newburgh Free Academy
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Beds Total: 3
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Appliances: Oven/Range,Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Beds Total: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,595.00
Unit 3 Information
  • Unit Type Unit Number: Unit_3
  • Unit Type Beds Total: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,395.00
Unit 4 Information
  • Unit Type Unit Number: Unit_4
  • Unit Type Beds Total: 3
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,100.00
Unit 5 Information
  • Unit Type Unit Number: Unit_5
  • Unit Type Beds Total: 3
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,200.00
Unit 6 Information
  • Unit Type Unit Number: Unit_6
  • Unit Type Beds Total: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,595.00
Unit 7 Information
  • Unit Type Unit Number: Unit_7
  • Unit Type Beds Total: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,695.00
Unit 8 Information
  • Unit Type Unit Number: Unit_8
  • Unit Type Beds Total: 1
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $675.00
Unit Information
  • Number Of 1 Bedrooms: 3
  • Number Of 2 Bedrooms: 1
  • Number Of 3 Bedrooms: 1
  • Number Of 4 Bedrooms: 3
  • Building Units Total: 8
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 334600-041-000-0003-031.000-0000
  • Tax Map Number: 334600-041-000-0003-031.000-0000
  • Tax Assessed Value: $135,400.00
  • Tenant Pays: Electricity,Heat
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $7,203.00
  • Trash Expense: $1,800.00
  • Fuel Expense: $.00
  • Other Expense: $.00
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area: 5528.0
  • Living Area Units: Square Feet
  • Basement: Full
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Parking Lot
  • Elevation Certificate: No
  • Construction Materials: Frame,Aluminum Siding,Vinyl Siding
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: Parking Lot
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Propane, Baseboard
  • Heat Fuel Type: Propane, Baseboard
  • Number Of Heating Zones: 8
  • Hot Water: Electric Stand Alone
  • Number Of Separate Gas Meters: 0
  • Garbage Removal: Private
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 9
Green Features
  • Green Features: Propane, Baseboard

Public Records for 18 Old North Plank Road

Taxable ValueLand$20,100Additions$115,300Total$135,400
Home Facts
Baths2Total Finished SqFt1,125 SqFtAbove Grade Finished SqFt1,125 SqFtStories1Lot Size104,544 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated1931CountyORANGEAPN334600 41-3-31

Schools near 18 Old North Plank Road

This home is within Newburgh City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Fostertown Etc Magnet School
PublicK to 5

Newburgh Free Academy Main Campus
Public9 to 12

Gardnertown Fundamental Magnet School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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18 Old North Plank Road is a multi-family home for sale in Newburgh, NY 12550. This property was listed for sale on March 20, 2024 by Exit Realty Venture, it's currently listed at $1,150,000. This listing's school district is Newburgh City School District. Nearby schools include Fostertown Etc Magnet School, Meadow Hill Global Explorations Magnet School and Newburgh Free Academy Main Campus. 18 Old North Plank Road is a 14-bed, 0-bath, 5,528 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty Venture

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale or lease on this webpage comes from the the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. Real estate listings held by brokerage firms other than Compass are marked with a OneKey® MLS, Columbia Greene Northern Dutchess MLS, or Ulster County Board of REALTORS Logo. Use of these search facilities other than by a consumer seeking to purchase or lease real estate is prohibited. The accuracy of all information is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals. The data contained herein is copyrighted by the IDX Program of OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Information Copyright 2024, OneKey® MLS, Columbia Greene Northern Dutchess MLS, and Ulster County Board of REALTORS. All rights reserved. Data last updated: 04/10/2024 06:23 PM