DeniseGorman

52 Lander Street, Newburgh, NY 12550

$420,000
  • 52 Lander Street, Newburgh, NY 12550 Main Photo

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New to the Market Active
BEDS4 BATHS3 full MLS#997054
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLNewburgh

Property Description

Fully remodeled 2 family home in the heart of Newburgh, offering a great opportunity for both investors and owner occupants. Located at 52 Lander Street, this property features two updated units with strong rental income and separate electric utilities for added efficiency and low maintenance ownership. There is no oil or gas, the entire property is fully electric.The first floor unit offers 2 bedrooms and 1 full bathroom with a functional layout and updated finishes throughout. The second floor unit features 2 bedrooms and 2 full bathrooms, including a primary bedroom with its own private ensuite bathroom.Both units are currently occupied by tenants paying $2,100 per month each, generating a total monthly income of $4,200. The first floor tenant is month to month, while the second floor tenant is on a lease. Ownership reports no history of late or missed payments from either tenant.A turnkey income producing property with modern updates, strong cash flow potential, and separately paid electric utilities, all conveniently located near restaurants, shopping, parks, major roadways, and the Newburgh waterfront.

52 Lander Street | MLS# 997054

This multi-family property located at 52 Lander Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $420,000. Lander Street is located within the Newburgh school district. Search Newburgh real estate on denisegorman.cbamhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Wall/Window Unit(s)
Heating: Electric
Home Style: Victorian
Lot Size: 0.06 Acres
Taxes: $9,568
Year Built: 1889

Amenities

Ceiling Fan(s)
Natural Woodwork

Feature Descriptions

Building Area Total: 2470
Days on Site: 1
Exterior: Brick
Flooring: Carpet, Ceramic Tile, Wood
On Market Date: 2026-05-13
Parcel Number: 331100-030-000-0003-005.000-0000
Parking Features: On Street
Rental Term: Monthly
Separate Electric Meters: 3
Sewer: Public Sewer
Tenant Pays: Electricity
Trash Expense: 600
Units: 2
Utilities: Cable Connected
Water: Public

Local Schools

High School: Newburgh Free Academy
Middle School: Newburgh
Elementary School: Newburgh
School District: Newburgh

Estimate Your Payment

Estimated Payment

$ 3,043.58 per month $2,123.75 Principal & Interest $797.33 Property Tax $122.50 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: RE/MAX Town & Country
Agency Contact: 845-765-6128

agent picture

Shown By

Agent Name: Denise Gorman
Agent Phone: Cell: (516) 314-5855
Agency Title: Coldwell Banker American Homes

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