NOT LISTED FOR SALE

37 Paffendorf Dr Unit 3 Newburgh, NY 12550

-- Bed
3 Baths
-- Sq Ft
1.78 Acres

Last Sold March 26, 2020

Last sale price $445,000

42 Days on Market

Highlights

  • 1.78 Acre Lot
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Cottage
  • Shed

About This Home

As of March 2020

TURN-KEY, FULLY RENTED, FANTASTIC INCOME PRODUCING PROPERTY, COMPLETELY REMODELED FROM TOP TO BOTTOM! This is a multi-unit property with tons of updates and attractive features throughout. Set in a private, unique and central location (close to NYS thruway and local shopping/eateries), in the town of Newburgh, this is an investment opportunity not to be missed! It’s perfect as an investment for various scenarios. With 3 homes on the same lot, live in one and rent out the other two to cover the mortgage or generate income on the side. Or, rent out all three completely updated, move-in ready buildings as an ideal real estate investment. This place has it all and it’s turnkey, ready to go! Pull up the private driveway, set back off the centrally located, yet quiet street to the first of three great houses. All 3 units have: Spacious bedrooms with great natural light, all wood floors refinished, freshly painted interiors. Fully remodeled kitchens with new cabinets, hardware, sinks/faucets and new appliances (fridges, range ovens, microwave hoods and dishwashers). Totally remodeled bathrooms complete with new (or refinished) flooring, new toilets, new vanities, sinks/faucets, new tub and shower walls (or newly tiled) and new shower/tub faucets. ALL 3 HOUSES HAVE NEW ROOF!!

Last Agent to Sell the Property

unknownagent unknownagent

unknownoffice Listed on: 12/04/2019

Last Buyer's Agent

NON MLS OFFICE

Anderson Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 1.78 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Gentle Sloping Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Triplex
  • Cottage
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 2-Story Property
  • Sliding Doors
  • Unfinished Basement
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • The owner pays for insurance, management, repairs, taxes
  • Legal Lot and Block 31 / 2

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $2,766
  • Supplies Expense $200
  • New Taxes Expense $8,218

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1947
  • Property Sub-Type: Triplex
  • Lot Size Acres: 1.78
  • Road Surface Type: Asphalt
  • Supplies Expense: 200.0
  • MLS Status: Closed
  • Architectural Style: Cottage
  • Location Tax and Legal:Tax Block: 2
  • General Property Information Lot Size Acres: 1.778
  • General Property Information Lot Size Dimensions: 1.778
  • Flooring:Ceramic Tile: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Income And Expenses New Taxes Expense: 8218.0
  • Gross Scheduled Income: 63000.0
  • Other Structures:Shed(s): Yes
  • Fencing:Partial2: Yes
  • General Property Information Stories2: 2
  • Appliances Dryer: Yes
  • Washers: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Well: Yes
  • Architectural Style Cottage: Yes
  • Fencing Fenced: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Other, Washer, Refrigerator, Range Hood, Range, Microwave, Exhaust Fan, Electric Water Heater, Dryer, Dishwasher
  • Interior Amenities: Eat-in Kitchen
  • Basement: Partial, Unfinished
  • Door Features: Sliding Doors
  • Flooring: Ceramic Tile, Hardwood, Other, See Remarks
  • Stories: 2
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame, Vinyl Siding
  • Other Structures: Shed(s)
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Door Features:Sliding Doors: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Other, Driveway
  • General Property Information:Garage YN: No
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Other20: Yes

Utilities

  • Sewer: Septic Tank
  • Electric: 100 Amp Service
  • Heating: Baseboard, Electric, Forced Air, Oil, Propane
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Oil: Yes
  • Heating:Propane2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Junior High Dist: Newburgh City Schools

Lot Info

  • Lot Features: Gentle Sloping, Landscaped
  • Lot Dimensions: 1.778
  • Lot Size Sq Ft: 77449.68
  • ResoLotSizeUnits: Acres
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Management, Repairs, Taxes, Other
  • Tenant Pays: All Utilities, Electricity, Gas, Trash Collection

Multi Family

  • Insurance Expense: 2766.0

Tax Info

  • New Taxes Expense: 8218.0
  • Tax Block: 2
  • Tax Lot: 31

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $445,000 -13.6% --
01/15/2020 01/15/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $515,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20195042

Hudson Valley Catskills Region Multiple List Service