CALLING ALL INVESTORS!!! Check out this Multi-Family investment opportunity located in the City of Newburgh and in the Newburgh School District. This home is located directly across the street from the Delano-Hitch Park, Newburgh Skatepark, surrounded by a variety of community amenities including local eateries/restaurants, shopping centers, close to Montefiore St. Lukes Cornwall Hospital, close to the Newburgh Convention Center, Newburgh Brewing Company, Waterfront Trail, Hudson River and located just off major Route 9W and within 15 driving minutes to the Newburgh Beacon Bridge (Interstate 84). Location is key when considering this investment. This property consists of three separate apartments (1 - Two bedroom and 2 - One bedrooms) all of which have separated utilities. With some capital improvements, this home would make a great addition to your investment portfolio. Don't delay, this one will not last long on the market. Call now!!!
Sold for $330,000
$330,000
386 - 388 Washington Street, Newburgh, NY 12550
4beds
2,772sqft
Triplex, Multi Family
Built in 1918
-- sqft lot
$357,200 Zestimate®
$119/sqft
$2,047 Estimated rent
Home value
$357,200
$311,000 - $411,000
$2,047/mo
Zestimate® history
Owner options
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$2,307/mo
Est. payment
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$2,307/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Richard Baxter 845-494-4715,
Keller Williams Realty 845-928-8000
Bought with:
Ray Reyes, 10401347528
Keller Williams Realty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6281289
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Baseboard
Cooling
- None
Features
- Basement: Unfinished,Walk-Out Access
- Attic: Unfinished
Interior area
- Total structure area: 2,772
- Total interior livable area: 2,772 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 8,298 Square Feet
- Features: Near Public Transit, Near School, Near Shops
Details
- Parcel number: 3311000340000003045.0000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Condition
- Actual
- Year built: 1918
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & HOA
HOA
- Has HOA: No
- Amenities included: Park
Location
- Region: Newburgh
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $174,100
- Annual tax amount: $7,864
- Date on market: 6/15/2024
- Cumulative days on market: 230 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Tenant pays: Electricity, Gas, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | $330,000-9.6%$119/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #H6281289 Report a problem | ||
| 11/1/2024 | Pending sale | $364,999$132/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6281289 Report a problem | ||
| 8/21/2024 | Price change | $364,999-8.8%$132/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6281289 Report a problem | ||
| 6/15/2024 | Listed for sale | $399,999$144/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6281289 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 12550
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Nearby schools
GreatSchools rating
- 7/10Horizon On The Hudson Magnet SchoolGrades: PK-5Distance: 0.7 mi
- 2/10South Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Newburgh Free Academy Main CampusGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Middle: South Middle School
- High: Newburgh Free Academy
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$357,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$357,200
- New York
- Orange County
- Newburgh
- 12550
- 386 - 388 Washington Street
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