157 Chambers St, Newburgh, NY 12550

This renovated legal three-family residence offers a straightforward income setup with three spacious two-bedroom apartments. Each unit features modern updates in the kitchen, including quartz countertops, new appliances, and stylish cabinetry, along with durable luxury vinyl flooring. Bathrooms are also updated, and the bright living spaces are finished with new vinyl flooring throughout. Heating and hot water are handled via each unit’s own electric systems, supporting tenant-level control and simple building operations.

The property is positioned in the Historic East End of Newburgh and is described as minutes from the downtown waterfront, along with nearby restaurants, shops, and major transportation. The area is also noted as walkable, with proximity to parks, schools, shopping, public transportation, and major highways. The Beacon Metro-North station is specifically identified as nearby, which can be an important consideration for commuter tenants.

For buyers seeking a ready-to-lease residential income asset, the combination of full-unit renovation and three distinct two-bedroom layouts offers clear tenant flexibility. Its turnkey condition and unit-by-unit electric heating and hot water systems may appeal to investors and owner-operators looking for a well-maintained multifamily property that’s practical to manage from day one.