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86 William Street Newburgh, NY 12550

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For Sale
$550,000

MULTI_FAMILY - Newburgh, NY

Lot size:
0.06 Acres
Added:
Mar 2, 2026
Days on Market:
29
Last Refresh:
Mar 31 at 5:06 pm

Property Features for 86 William Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Basement, Bedroom 4, Bedroom 1, Bathroom 2
Parking features
Off Street
Interior features
Pantry, Walk Through Kitchen
Basement
Unfinished, Full, Walk-Out Access
Standard status
Active
APN
331100.038.000-0004-037.000/0000
Lot size
0.06 Acres

Taxes and HOA fees

TaxYear
2014
TaxAnnualAmount
3836

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public

Building Details

Year built
1930
Number of units
2
Building materials
Brick

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Listing Contact
Elizabeth Nemeth

Listing agent Elizabeth Nemeth

Listing office John J Lease REALTORS Inc 495 Schutt Rd Ext, Newburgh, NY

Listing date Mar 2, 2026

MLS# 961292

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Multifamily Property in Newburgh

This multifamily property in Newburgh, NY, presents an investment opportunity with fully rented and renovated units. The property features new boilers, fresh paint, new floors, and a new roof. All utilities are separate for each unit. The lot size is 0.0574 acres. The first-floor tenant pays $1420 per month and covers all utilities, while the second-floor tenant pays $1500 per month, with the landlord covering water. The monthly income is $2920, resulting in a gross annual income of $35,040. Monthly expenses include $150 for trash and $160 for water. Annual insurance costs are $900, leading to a net annual income of $34,080. The property is located close to shopping, schools, restaurants, and highways. It is located in Orange County, with low taxes.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newburgh
County
Orange
State
New York
Longitude
-74.016454
Latitude
41.496791

FAQs

What type of property is this?
Duplex - Fully rented, renovated units with separate utilities and low taxes.
Where is this duplex located?
The property is located at 86 William Street Newburgh, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully rented property providing immediate rental income; Renovated units with **new boilers, roof, and floors**; All separate utilities (except water for one unit)
More about this property
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