89 5th Avenue
Newburgh, NY 12550
Beds
3
Baths
2
Square Ft.
1,336
$460,000
Incredible Investment & Development Opportunity! Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space.… Read More What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities. Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property. Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting. PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you. Read Less
Listing Courtesy of Gillespie Real Estate LLC.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,336
Year Built
1847
Property Tax
$4,510
MLS Number
1010502
30 Days Snapshot Of 12550
$436k
+4%
(avg) sold price
21
-8%
homes sold
110
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Gas Range", "Refrigerator"
Basement
Description: "Bilco Door(s)", "Unfinished"
Building
Area: 1336, Architecture: "Colonial", Construction Materials: "Unknown", Year Built: 1847
Cooling
Details: "None"
Exterior Features
Patio Features: "Porch"
Floors
Flooring: "Carpet", "Linoleum"
Garage
Garage Spaces: 2
Heating
Heating: "Hot Water", "Oil", "See Remarks"
Laundry
Description: "In Kitchen"
Lot
Features: "Cleared", "Corners Marked", "Front Yard", "Near Shops", "Rolling Slope", "See Remarks", "Split Possible", Acres: 3.1
Parking
Parking Total: 6
Utilities
Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Available", "Electricity Connected", "Sewer Connected", "Trash Collection Private", "Water Connected"
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Frank Muccari
Real Estate Agent

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