332 South St Newburgh, NY 12550
Estimated payment $2,842/month
Total Views
6,280
4
Beds
2
Baths
1,884
Sq Ft
$191
Price per Sq Ft
Highlights
- Wood Flooring
- Hot Water Heating System
- Level Lot
- Private Yard
About This Home
Nestled on the charming, sidewalk-lined South Street in Newburgh, NY, this delightful multi-family home perfectly blends historic charm with modern convenience. Built in 1900, it boasts unique period details, including charming trim work and classic cast iron radiators, bringing a touch of timeless elegance that you don't find in newer homes.
Located near the picturesque Downing Park, one of Newburgh's most beloved green spaces, this home offers a generous lot with private parking and a backyard brimming with potential. Imagine transforming the outdoor space into your own private oasis, all while enjoying the conveniences of city living. At this price point, it's an ideal opportunity for owner-occupiers looking to generate extra income while enjoying the best of Newburgh.
Both units of the property are currently owner-occupied, but are estimated to rent out for 1,900 per month. For investors, the income potential is impressive, with much of the groundwork already done: separate hot water heaters, individual gas meters, and separate electric meters for each unit ensure a smooth, efficient setup for rental income.
Please note that the rental income figures are projections based on current market values, as there are no existing leases in place. These estimates are provided for informational purposes only and actual rental income may vary.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,565
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
- Private Yard
- Back Yard
Home Design
- Stone Foundation
- Asphalt Roof
Interior Spaces
- 1,884 Sq Ft Home
- Multi-Level Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Unfinished Attic
- Laundry in unit
Kitchen
- Gas Range
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Additional Parking
- Off-Street Parking
Location
- City Lot
Utilities
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 20 / 3
- Assessor Parcel Number 17-3-20
Community Details
Overview
- 2 Units
Building Details
- 3 Separate Gas Meters
- Fuel Expense $3,000
- Insurance Expense $2,000
- New Taxes Expense $10,565
- Gross Income $45,600
- Net Operating Income $27,291
Map
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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 |
|---|---|---|---|---|
| 2023 | $11,998 | $363,000 | $48,300 | $314,700 |
| 2022 | $9,747 | $228,100 | $21,800 | $206,300 |
| 2021 | $8,868 | $190,100 | $19,800 | $170,300 |
| 2020 | $6,043 | $165,300 | $19,800 | $145,500 |
| 2019 | $3,165 | $134,800 | $19,800 | $115,000 |
| 2018 | $3,165 | $134,800 | $24,100 | $110,700 |
| 2017 | $5,879 | $134,800 | $24,100 | $110,700 |
| 2016 | $5,558 | $126,600 | $24,100 | $102,500 |
| 2015 | -- | $126,600 | $24,100 | $102,500 |
| 2014 | -- | $126,600 | $24,100 | $102,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $360,000 | -- | $191 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $242,000 | Thomas Murphy |
Source: Public Records
Similar Homes in Newburgh, NY
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20253489
APN: 331100-017-000-0003-020.000-0000
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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