282 Grand St Newburgh, NY 12550
Estimated payment $4,192/month
Highlights
- Wood Flooring
- Bathroom on Main Level
- 3-minute walk to Tyrone Crabb Park
- Main Floor Primary Bedroom
- Heating System Uses Natural Gas
About This Home
Prime Income-Producing Triplex in Historic Newburgh Rare opportunity to acquire a fully rented 3-unit property in Newburgh's sought-after historic district. This turnkey investment delivers immediate cash flow with all units currently occupied.
The property features a generous 2-bedroom duplex with private outdoor deck and exclusive yard access, complemented by two attractive 1-bedroom apartments. Original hardwood flooring and details enhance appeal across all units, supporting strong tenant retention and rental demand. Location advantages include proximity to the district's dining, shopping, and cultural amenities, plus straightforward connectivity to Metro-North, major highways, and neighboring Beacon. The area continues to attract attention from renters and buyers alike as Newburgh's transformation gains momentum. Ideal for portfolio expansion or first-time multi-family buyers seeking a managed asset with proven performance.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,285
Year Built
- Built in 1890
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Exterior Construction
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 3 Full Bathrooms
Schools
- Fostertown Etc Magnet Elementary School
- Heritage Middle School
- Newburgh Free Academy High School
Additional Features
- Wood Flooring
- 3,250 Sq Ft Lot
- Heating System Uses Natural Gas
- Partially Finished Basement
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 331100-010-000-0002-023.000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,841 | $344,400 | $25,800 | $318,600 |
| 2023 | $10,841 | $328,000 | $25,800 | $302,200 |
| 2022 | $10,593 | $247,900 | $12,200 | $235,700 |
| 2021 | $9,637 | $206,600 | $11,100 | $195,500 |
| 2020 | $7,695 | $187,800 | $11,100 | $176,700 |
| 2019 | $3,201 | $148,000 | $11,100 | $136,900 |
| 2018 | $3,201 | $136,200 | $12,100 | $124,100 |
| 2017 | $6,908 | $136,200 | $12,100 | $124,100 |
| 2016 | $7,046 | $136,200 | $12,100 | $124,100 |
| 2015 | -- | $136,200 | $12,100 | $124,100 |
| 2014 | -- | $139,000 | $12,100 | $126,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $620,000 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Heriberto Rodriguez | |
| Deed | $85,000 | John Poggioli | |
| Foreclosure Deed | $216,552 | Shapiro & Dicaro | |
| Deed | $263,000 | Victor Guzman |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $616,500 | Purchase Money Mortgage |
Source: OneKey® MLS
MLS Number: 940659
APN: 331100-010-000-0002-023.000-0000
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