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Downtown 3-Unit Brick Multifamily

141 S William St Newburgh, NY 12550

141 S William St, Newburgh, NY, 12550
$425,000
For Sale
$425,000

Brick 3-family home with two leased two-bedroom units and a vacant first-floor one-bedroom unit sold as-is.

Days on Market71

Property Features for 141 S William St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1900
Listing agency BRICK AND MORTAR RE LLC
Listed by Daniel Gilbert
Source Elliman
Added: May 14 Updated: Jul 23 at 1:45AM Checked: Jul 23 at 4:38AM

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 BRICK AND MORTAR RE LLC


Investment Insights

Based on property information with market context.

This brick 3-family home includes two two-bedroom apartments and a vacant first-floor one-bedroom apartment. The first-floor unit needs work in order to be rentable, and the property is being sold as-is. Pro forma rent of $1,400 is noted for unit #1, while other rents are described as actual rents. Heating and electricity are tenant-paid, and tenants are on leases.

Located in Downtown Newburgh, the property is within walking distance of amenities along the Liberty St corridor, including shops, restaurants, and cafes. The area also features nearby Downing Park, SUNY Orange, Mount St. Mary’s College, galleries, a library, and George Washington Historical Park, with the Newburgh Waterfront reported as a short walk away.

The building offers a straightforward income approach with two occupied units and one unit currently vacant and requiring updates for lease readiness.

Key Highlights

  • Brick 3‑family home built in 1900
  • Two leased 2‑bedroom apartments plus a vacant first‑floor 1‑bedroom apartment
  • Pro forma rent of $1,400 for unit #1 (property sold as‑is; unit needs work to be rentable)

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service Butcher Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Fish Market

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

FAQs

What type of property is this?
Triplex - Brick 3-family home with two leased two-bedroom units and a vacant first-floor one-bedroom unit sold as-is.
Where is this triplex located?
The property is located at 141 S William St Newburgh, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Brick 3‑family home built in 1900; Two leased 2‑bedroom apartments plus a vacant first‑floor 1‑bedroom apartment; Pro forma rent of $1,400 for unit #1 (property sold as‑is; unit needs work to be rentable)
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