Triplex With Full
New
For Sale
$569,000
12 Russo Dr, Newburgh, NY 12550
Three separately metered apartments include a three-bedroom unit and two one-bedroom units within the Marlboro School District.
Property Size3,072 SF
Days on Market2
Property Features for 12 Russo Dr
General Information
Standard status
Active
Size
3,072 SF
Property subtype
Investment
Units
Unit Mix
1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,175
Building Details
Building Size
3,072 SF
Year Built
1940
Units
3
Listing Agency:
Preferred Properties Real Esta
(845) 263-9155
Listed By:
Joel Winkler
(845) 263-9155
Source:
Elliman
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 20 at 5:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Preferred Properties Real Esta
Investment Insights
Based on property information with market context.
This triplex contains three residential apartments with individual electric meters. The first-floor residence includes three bedrooms, two bathrooms, and a laundry room. Two additional one-bedroom, one-bathroom apartments occupy the second floor and share a side entrance and staircase.
A full basement provides additional space and was previously used as a fourth unit. Incorporating it into the first-floor apartment or converting it again would require updates and applicable code improvements, including a sprinkler system. The property is located in the Town of Newburgh and falls within the Marlboro School District. Built in 1940.
A full basement provides additional space and was previously used as a fourth unit. Incorporating it into the first-floor apartment or converting it again would require updates and applicable code improvements, including a sprinkler system. The property is located in the Town of Newburgh and falls within the Marlboro School District. Built in 1940.
Key Highlights
- Three residential units with separate electric meters
- First‑floor 3‑bedroom, 2‑bathroom apartment with laundry room
- Two second‑floor 1‑bedroom, 1‑bathroom apartments
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 12550, NY
55,869
Population
22,204
Households
2.5
Avg Household Size
37
Median Age
26%
College-Educated
86%
High-School Grad
34.7 sq mi
ZIP Area
1,610
Density / Sq Mi
$78,019
Median Household Income
$40,762
Median Earnings
$1,466
Median Rent
$297,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered apartments include a three-bedroom unit and two one-bedroom units within the Marlboro School District.
Where is this triplex located?
The property is located at 12 Russo Dr Newburgh, NY.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Three residential units with separate electric meters; First‑floor 3‑bedroom, 2‑bathroom apartment with laundry room; Two second‑floor 1‑bedroom, 1‑bathroom apartments
