72 Wisner Ave Newburgh, NY 12550
Estimated payment $2,475/month
Highlights
- Open Floorplan
- High Ceiling
- Eat-In Kitchen
- Colonial Architecture
- Formal Dining Room
- Woodwork
About This Home
Discover a fantastic investment opportunity in the vibrant city of Newburgh with this charming 3-unit property that promises both comfort and profitability. All units are currently rented, generating income at an impressive 11% cap rate, making it an ideal choice for investors and homeowners alike. The first floor features a well-appointed 2-bedroom, 1-bath apartment with a cozy atmosphere and spacious living areas appreciated by current tenants. The first floor also features a studio room and bathroom which can be used for commercial/retail. The second-floor unit is a spacious 3-bedroom, 1-bath apartment with access to a beautifully finished attic, offering versatility for use as a home office, playroom, or storage. With its prime location in Newburgh, known for cultural richness and growth potential, this property offers convenient access to local amenities and a thriving neighborhood with a strong sense of community. Whether you're looking to expand your investment portfolio or seeking a home that pays for itself, this 3-unit property in Newburgh offers the best of both worlds. Don’t miss this chance to invest in a promising property in a dynamic city.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,686
Year Built
- Built in 1968
Lot Details
- 3,000 Sq Ft Lot
- Cleared Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Colonial Architecture
- Frame Construction
Interior Spaces
- Open Floorplan
- Woodwork
- High Ceiling
- Entrance Foyer
- Formal Dining Room
- Eat-In Kitchen
- Washer and Dryer Hookup
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Meadow Hill Global Explorations Magn Elementary School
- Meadow Hill Global Explorations Magnet Middle School
- Newburgh Free Academy High School
Utilities
- Central Air
- Baseboard Heating
- Natural Gas Connected
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Legal Lot and Block 54 / 1
- Assessor Parcel Number 331100-026-000-0001-054.000-0000
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 | $4,726 | $143,000 | $11,100 | $131,900 |
| 2023 | $4,726 | $143,000 | $11,100 | $131,900 |
| 2022 | $8,520 | $199,400 | $12,200 | $187,200 |
| 2021 | $7,753 | $166,200 | $11,100 | $155,100 |
| 2020 | $18,001 | $166,200 | $11,100 | $155,100 |
| 2019 | $8,995 | $138,900 | $11,100 | $127,800 |
| 2018 | $8,995 | $138,900 | $20,500 | $118,400 |
| 2017 | $7,045 | $138,900 | $20,500 | $118,400 |
| 2016 | $9,101 | $136,200 | $20,500 | $115,700 |
| 2015 | -- | $136,200 | $20,500 | $115,700 |
| 2014 | -- | $136,200 | $20,500 | $115,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $399,000 | -4.8% | $194 / Sq Ft |
| 10/28/2025 10/28/25 | For Sale | $419,000 | 0.0% | $203 / Sq Ft |
| 03/01/2025 03/01/25 | Rented | $2,400 | 0.0% | -- |
| 02/28/2025 02/28/25 | For Rent | $2,400 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $255,000 | None Available | |
| Deed | $255,000 | None Available | |
| Deed | $255,000 | None Available | |
| Deed | $280,000 | Assurance Abs & Title Svcs Llc | |
| Deed | $280,000 | None Available | |
| Deed | $280,000 | None Available | |
| Bargain Sale Deed | -- | Security Title & Guaranty Co | |
| Bargain Sale Deed | -- | Security Title & Guaranty Co | |
| Administrators Deed | $11,000 | -- | |
| Administrators Deed | $11,000 | -- |
Source: OneKey® MLS
MLS Number: 928995
APN: 331100-026-000-0001-054.000-0000
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