89 5th AVE, Newburgh, NY 12550
89 5th AVE, Newburgh, NY 12550
89 5th AVE, Newburgh, NY 12550
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$460,000
Est. payment /mo
3 Beds
2 Baths
1,336 SqFt
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Key Details

Property Type Single Family

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,336 sqft

Price per Sqft $344

MLS Listing ID 1010502

Style Colonial

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Rental Info No

Year Built 1847

Annual Tax Amount $4,509

Lot Size 3.100 Acres

Acres 3.1

Property Sub-Type Single Family Residence

Source onekey2

Property Description

Incredible Investment & Development Opportunity!

Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space.

What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities.

Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property.

Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting.

PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.

Location

State NY

County Orange County

Rooms

Basement Bilco Door(s), Unfinished

Interior

Interior Features Eat-in Kitchen

Heating Hot Water, Oil, See Remarks

Cooling None

Flooring Carpet, Linoleum

Fireplace No

Appliance Gas Range, Refrigerator

Laundry In Kitchen

Exterior

Parking Features Detached

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected

Total Parking Spaces 6

Garage true

Private Pool No

Building

Lot Description Cleared, Corners Marked, Front Yard, Near Shops, Rolling Slope, See Remarks, Split Possible

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Unknown

Schools

Elementary Schools Newburgh

Middle Schools Newburgh

High Schools Newburgh

School District Newburgh

Others

Senior Community No

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Gillespie Real Estate LLC • Jodi M Gillespie

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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