290 1st Street
Newburgh, NY 12550
Beds
5
Baths
3
Square Ft.
2,340
$599,000
New to the Market – Prime Investment Opportunity in the City of Newburgh Discover the potential of this unique multi-parcel property offering a rare combination of income, space, and future development opportunity. Situated on a double lot with additional building potential, this duplex presents an exceptional opportunity for investors or… Read More buyers with vision. The property features a two-unit dwelling. The first-floor unit offers a comfortable 1-bedroom, 1-bath layout with an enclosed back porch, perfect for added living space or storage. The upper unit includes 2–3 bedrooms and 2 full bathrooms, providing flexible living arrangements. The property was recently fully occupied and offers strong income potential. While the duplex does require some updating, it provides a solid foundation for value-add improvements. Recent updates include two new heating systems, a new water line, and conversion to natural gas. Outside, the oversized lot provides abundant parking and a large backyard area. As an added bonus, the sale includes an additional building lot on a separate deed—opening the door for future development or expansion. The property presents a fantastic opportunity for investors looking to maximize value and potential in a growing area. Read Less
Listing Courtesy of Picture It Sold, LLC.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Beds
5
Full Baths
3
Square Ft.
2,340
Lot Size
0.15 Acres
Year Built
1900
Property Tax
$6,573
MLS Number
876681
30 Days Snapshot Of 12550
$389k
-10%
(avg) sold price
20
+100%
homes sold
123
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Architecture: "Foursquare", Building Area: 2340, Construction Materials: "Frame", Year Built: 1900
Cooling
Details: "None"
Garage
Garage Spaces: 0
Heating
Heating: "Natural Gas"
Lot
Features: "Level", "Near School", "Subdivided", Acres: 0.1522
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Electricity Connected", "Trash Collection Public"
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Erin Lee
Real Estate Agent

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