6 Farrington St Newburgh, NY 12550
Estimated payment $5,208/month
Highlights
- Corner Lot
- Baseboard Heating
- 1-minute walk to Audrey Carey Park
About This Home
Welcome to your next investment. This property presents an incredible investment opportunity that is truly hard to pass up. The property was fully renovated in 2020, 4 Units in excellent condition. Located in a prime area with convenient access to shopping, parks, and transportation, this building is fully occupied by reliable, on-time-paying tenants, ensuring steady revenue from day one. With low maintenance needs due to recent updates and a high demand for well-appointed rental units in this neighborhood, this property is ideal for investors seeking a high-quality, worry-free addition to their portfolio or owner occupied and have it pay the mortgage on its own while you live for free!
Listing Agent
RE/MAX Benchmark Realty Group Brokerage Phone: 845-565-0004 License #10401337000 Listed on: 04/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,525
Year Built
- Built in 1900 | Remodeled in 2020
Lot Details
- 1,363 Sq Ft Lot
- Corner Lot
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Schools
- Meadow Hill Global Explorations Magnet Middle School
- Newburgh Free Academy High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
- 4 Units
- 4 Separate Gas Meters
Listing and Financial Details
- Assessor Parcel Number 331100-018-000-0005-017.000-0000
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 | $7,999 | $266,200 | $11,800 | $254,400 |
| 2023 | $7,999 | $242,000 | $11,800 | $230,200 |
| 2022 | $9,165 | $214,500 | $5,700 | $208,800 |
| 2021 | $4,413 | $94,600 | $5,200 | $89,400 |
| 2020 | $1,726 | $37,600 | $5,200 | $32,400 |
| 2019 | $1,622 | $37,600 | $5,200 | $32,400 |
| 2018 | $1,622 | $69,000 | $5,600 | $63,400 |
| 2017 | $2,282 | $45,000 | $5,600 | $39,400 |
| 2016 | $1,940 | $37,500 | $5,600 | $31,900 |
| 2015 | -- | $40,800 | $5,600 | $35,200 |
| 2014 | -- | $45,300 | $5,600 | $39,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $719,000 | +390.8% | $178 / Sq Ft |
| 07/17/2013 07/17/13 | Sold | $146,500 | -2.3% | $36 / Sq Ft |
| 12/27/2012 12/27/12 | Pending | -- | -- | -- |
| 10/19/2012 10/19/12 | For Sale | $150,000 | -- | $37 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $112,500 | None Available | |
| Deed | $69,000 | Marc Kerchman |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $465,000 | Commercial | |
| Previous Owner | $58,913 | FHA |
Source: OneKey® MLS
MLS Number: 844342
APN: 331100-018-000-0005-016.000-0000
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