Susan Lampach
REALTOR
BEDS6
BATHS3 full
MLS#1010918
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNewburgh
Property Description
This exceptional legal 3-family residence is perfectly situated in the sought-after Historic East End of Newburgh, just minutes from the vibrant downtown waterfront, restaurants, shops, and major transportation. A rare opportunity for investors seeking immediate cash flow and long-term appreciation in an area with strong and consistent rental demand. Beautifully renovated and move-in ready, this terrific property features three spacious 2-bedroom apartments, each thoughtfully updated with modern kitchens showcasing quartz countertops, new appliances, stylish cabinetry, and durable luxury vinyl flooring throughout. Each unit is complemented by an updated full bathroom and bright, inviting living spaces with new vinyl flooring throughout plus equipped with their own Electric heating and hot water systems too. Whether you're looking to expand your investment portfolio or secure a high-performing income-producing asset, this property offers a unique combination of location, condition, and rental potential. Simply step in, lease out, and start maximizing your returns from day one. Conveniently located near the Newburgh waterfront, parks, schools, shopping, public transportation, major highways, and the Beacon Metro-North station, making commuting and daily living effortless. A truly turnkey investment opportunity with tremendous upside which makes this property the perfect balance of comfort, convenience and affordability!!!
Property Features
Property Type: Multi Unit - Multiple
Basement: Bilco Door(s), Crawl Space
Cooling: Wall/Window Unit(s)
Heating: Electric
Home Style: Colonial
Lot Size: 0.06 Acres
Taxes: $7,891
Year Built: 1900
Amenities
First Floor Bedroom
First Floor Full Bath
Breakfast Bar
Chefs Kitchen
Feature Descriptions
Building Area Total: 2640
Exterior: Stone
Flooring: Carpet, Laminate
Heating Units: 3
Heating Zones: 1
Laundry: Gas Dryer Hookup, Washer Hookup
Lot Features: Back Yard
On Market Date: 2026-06-09
Parcel Number: 331100-018-000-0004-010.000-0000
Parking Features: None
Parking Total: 0
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Window Features: Aluminum Frames
Local Schools
High School: Newburgh Free Academy
Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
Elementary School: Newburgh
School District: Newburgh
Estimate Your Payment
Estimated Payment
$ 3,326.34 per month $2,523.22 Principal & Interest $657.58 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Double C Realty
Agency Contact: 914-776-1670
Shown By
Agent Name: Susan Lampach
Agent Phone: Cell: (631) 806-8579
Agency Title: Coldwell Banker American Homes
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157 Chambers Street | MLS# 1010918
This multi-family property located at 157 Chambers Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $499,000. Chambers Street is located within the Newburgh school district. Search Newburgh real estate on susanlampach.cbamhomes.com today.