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290 1st Street

Newburgh, NY 12550
  • $599,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 876681
UPDATED: 169 min ago
$599,000
  • 5
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

New to the Market – Prime Investment Opportunity in the City of Newburgh Discover the potential of this unique multi-parcel property offering a rare combination of income, space, and future development opportunity. Situated on a double lot with additional building potential, this duplex presents an exceptional opportunity for investors or buyers with vision. The property features a two-unit dwelling. The first-floor unit offers a comfortable 1-bedroom, 1-bath layout with an enclosed back porch, perfect for added living space or storage. The upper unit includes 2–3 bedrooms and 2 full bathrooms, providing flexible living arrangements. The property was recently fully occupied and offers strong income potential. While the duplex does require some updating, it provides a solid foundation for value-add improvements. Recent updates include two new heating systems, a new water line, and conversion to natural gas. Outside, the oversized lot provides abundant parking and a large backyard area. As an added bonus, the sale includes an additional building lot on a separate deed—opening the door for future development or expansion. The property presents a fantastic opportunity for investors looking to maximize value and potential in a growing area.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Data last updated: 2026-04-22T00:17:46.873.
www.teambraconihomesales.com/homes/174858398
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290 1st Street Newburgh, NY 12550

  • Price: $599,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 169 min ago
  • MLS #: 876681
5
Beds
3
Baths
0
½ Baths
0.15
Acres
1900
Built
Neighborhood:
Newburgh (City)
County:
Orange
Area:
Newburgh (City)
Elementary School:
Newburgh
Middle School:
Newburgh
High School:
Newburgh Free Academy
School District:
Newburgh
Property Description
New to the Market – Prime Investment Opportunity in the City of Newburgh Discover the potential of this unique multi-parcel property offering a rare combination of income, space, and future development opportunity. Situated on a double lot with additional building potential, this duplex presents an exceptional opportunity for investors or buyers with vision. The property features a two-unit dwelling. The first-floor unit offers a comfortable 1-bedroom, 1-bath layout with an enclosed back porch, perfect for added living space or storage. The upper unit includes 2–3 bedrooms and 2 full bathrooms, providing flexible living arrangements. The property was recently fully occupied and offers strong income potential. While the duplex does require some updating, it provides a solid foundation for value-add improvements. Recent updates include two new heating systems, a new water line, and conversion to natural gas. Outside, the oversized lot provides abundant parking and a large backyard area. As an added bonus, the sale includes an additional building lot on a separate deed—opening the door for future development or expansion. The property presents a fantastic opportunity for investors looking to maximize value and potential in a growing area.
Exterior Features

Architectural Style Foursquare Carport YN No Construction Materials Frame Garage YN No Lot Features LevelNear SchoolSubdivided Parking Features DrivewayOversizedPrivate Pool Private YN No Property Attached YN No Waterfront YN No

Interior Features

Attic None Basement YN No Cooling None Interior Features Washer/Dryer Hookup Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 1 Num Of3 Bed Rooms 1 Num Of4 Bed Rooms 0 Number Of Heat Units 2 Number Of Heating Zones 2

Property Features

Building Area Total 2340 Down Payment Resource YN Yes Electric Company Central Hudson Heating Natural Gas Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Property Sub Type Duplex Senior Community YN No Sewer Public Sewer Spa YN No Special Listing Conditions None Tax Annual Amount 6573.09 Tax Section 331100 Tax Source Other Total Vacancies 2 Utilities Electricity ConnectedTrash Collection Public Water Access YN No Water Source Public

Listing courtesy of Angela Danosky of Picture It Sold, LLC:
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Keller Williams Village Square Realty. Data last updated: 2026-04-22T00:17:46.873.
 
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