Balmville, NY 12550,5152 Route 9W
Balmville, NY 12550,5152 Route 9W
Balmville, NY 12550,5152 Route 9W
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$499,900
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Pending

5152 Route 9W Balmville, NY 12550

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UPDATED:

12/16/2024 03:53 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYH6316898

Originating Board onekey2

Rental Info No

Year Built 1950

Annual Tax Amount $7,276

Property Description

Welcome to 5152 Route 9w, an exceptional investment opportunity in the Town of Newburgh, NY! This charming 3 bedroom, 1.5 bathroom home is not only a comfortable and spacious residence or rental, but it also includes a 3 unit commercial building located on Route 9W that can generate steady income for either an owner occupant or as an investor looking for a diversified stream of revenue. Proven successful location with 2 of 3 leases maintained for 8 & 15 years, $22.35 per sq ft, double net lease, tenants pay all own utilities and insurance. Residence situated behind commercial unit offering its own privacy, separate shared driveway entrance from Balmville Rd to easily avoid traffic. Enter into a bright and open floor plan which is great for family gatherings, cozy patio situated conveniently off the kitchen. Primary bedroom and one bath on main floor, two additional bedrooms and additional bath downstairs with separate entrance. Whether you occupy the home and use the commercial rentals for passive income or rent the home for additional profits you'll be sure to find 5152 Route 9W is a valuable asset in your investment portfolio! Don't miss your opportunity to own a valuable piece of real estate with multiple sources of income in a prime location! Close to major highways and shopping centers as well as enjoyable nightlife including the Newburgh waterfront! Make this your next investment and enjoy all the benefits for years to come! Additional Information: HeatingFuel:Oil Above Ground,

Location

State NY

County Orange County

Interior

Heating Oil, Radiant, See Remarks

Cooling None

Fireplace No

Appliance Oil Water Heater

Exterior

Parking Features Driveway, Parking Lot, Private

Fence Fenced

Building

Sewer Septic Tank

Water Drilled Well

Schools

School District Newburgh

Others

Special Listing Condition None


Listed by eXp Realty

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agent

Meeta Sanyal

Agent | License ID: 10401265632

+1(516) 603-9172

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5152 Route 9W