Newburgh, NY 12550,54 Leroy PL
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Newburgh, NY 12550,54 Leroy PL
Newburgh, NY 12550,54 Leroy PL
Newburgh, NY 12550,54 Leroy PL
Newburgh, NY 12550,54 Leroy PL
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$ 598,000
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54 Leroy PL Newburgh, NY 12550

5 Beds

4 Baths

0.4 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 942018

Style Craftsman

Bedrooms 5

Full Baths 4

Rental Info No

Year Built 1908

Annual Tax Amount $15,931

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Quadruplex

Source onekey2

Property Description

A rare opportunity to acquire a fully leased, income-producing property in Newburgh's highly desirable East End Historic District. This Craftsman-style four-unit building offers immediate cash flow with long-term appreciation potential in one of the city's most architecturally significant neighborhoods.
A massive stone wraparound porch sets a commanding first impression, complemented by a detached garage and classic period detailing throughout. The property is configured as four apartments, all currently rented to long-term tenants:
First floor: Spacious 2BR/1BA unit featuring exceptional original details including functioning pocket doors, preserved woodwork, hardwood floors, two fireplaces, and an eat-in kitchen. The flexible layout allows the second bedroom to function as a sitting room or home office.
Second floor: Two 1BR/1BA apartments; Third floor: One 1BR/1BA apartment. Enjoy views of the Hudson River, Newburgh Beacon Bridge, and mountains from the upper levels.
A partially finished basement enhances tenant amenities and owner value, offering a common laundry room, recreation space, half bath, and generous storage.
The three-stall detached garage with a separate second-floor space offering additional income-generating or utility potential. This flexible area can be utilized for storage, office use, gym, or artist studio, creating optional revenue streams or enhanced amenities that differentiate the asset within the market.
With strong in-place tenancy, architectural character that supports premium positioning, and the option to maintain as a rental or pursue future single-family restoration, 54 Leroy Place represents a compelling core-plus investment in a neighborhood experiencing continued demand from renters and owner-occupants alike.

Location

State NY

County Orange County

Rooms

Basement Partially Finished

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Built-in Features, Eat-in Kitchen, High Ceilings, Natural Woodwork, Original Details, Pantry, Storage, Washer/Dryer Hookup

Heating Hot Water

Cooling Varies by Unit, Wall/Window Unit(s)

Flooring Ceramic Tile, Hardwood

Fireplaces Number 3

Fireplace Yes

Laundry Common Area, In Basement

Exterior

Parking Features Alley Access, Detached, Driveway, Garage, Off Street

Garage Spaces 3.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Bridge(s), Panoramic, River

Garage true

Private Pool No

Building

Lot Description Back Yard, Cleared, Front Yard, Historic District, Near Public Transit, Near School, Views

Sewer Public Sewer

Water Public

Structure Type Clapboard,Frame,Shingle Siding,Stone

Schools

Elementary Schools Newburgh

Middle Schools Newburgh

High Schools Newburgh

School District Newburgh

Others

Senior Community No

Special Listing Condition None


Listed by BHHS Hudson Valley Properties • John R. Ruggieri
Patricia Sassi

Patricia Sassi

Broker Associate | License ID: 30SA0943463

+1(845) 800-3937

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54 Leroy PL