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64 William St Newburgh, NY 12550

For Sale
$648,998

Two Fixer-Uppers, Six Units, High Potential.

Property size:
7,632 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional investment opportunity presents two adjacent mixed-use buildings in the vibrant city of Newburgh, New York, totaling 7,632 square feet. Sold as a single package, this property offers significant potential for renovation and redevelopment. Each building features a ground-floor commercial space, ideal for retail or other businesses, complemented by residential units situated above. In total, the package includes six residential rental units and two street-level storefronts. The buildings are being offered as fixer-uppers, presenting a chance for a savvy investor to add value through renovations and upgrades. The location in downtown Newburgh provides excellent visibility and access to local amenities and transportation. This is a rare opportunity to acquire a substantial portfolio of mixed-use properties in a growing market. The buildings are situated on a combined lot size of zero acres, indicating the properties are likely situated on contiguous lots. The asking price of $648,998 represents a compelling entry point for investors seeking a significant return on investment. The potential rental income from the six residential units, combined with the income-generating potential of the two commercial spaces, makes this a highly attractive proposition. Serious inquiries are encouraged to explore this unique opportunity further. Detailed property information and financial projections are available upon request.

Property Features for 64 William St

General Information

Property type
Mixed-use properties
Square Feet
7,632 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Newburgh
County
Orange County
State
New York
Longitude
-74.01629
Latitude
41.49751

FAQs

What type of property is this?
Mixed-use property - Two Fixer-Uppers, Six Units, High Potential.
Where is this mixed-use property located?
The property is located at 64 William St Newburgh, NY.
What is the asking price?
The asking price for this property is $648,998.
More about this property
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