Edie Tesar
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.
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
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 InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: RE/MAX Town & Country
Agency Contact: 845-765-6128
Shown By
Agent Name: Edie Tesar
Agent Phone: Cell: (516) 382-2075
Agency Title: Coldwell Banker American Homes
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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 etesar.cbamhomes.com today.