145 Renwick StreetNewburgh, NY 12550
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A Rare Opportunity to Restore, Renovate & Maximize! This legal 3-family, freestanding property is nestled in the historic town of Newburgh and presents an exceptional opportunity for an investor, contractor, or owner-user looking to unlock its full potential. Offered as a true blank canvas, this architectural gem is ready to be transformed and repositioned to capitalize on strong free-market rents. The property features two spacious 2-bedroom apartments and one 1-bedroom apartment, offering an excellent foundation for a lucrative multi-family investment. The basement also provides additional potential to finish and create valuable living or recreational space, subject to approvals. The property is equipped with three separate gas meters and three separate electric meters, providing added convenience and flexibility for future ownership. With thoughtful renovation and modernization, there is tremendous potential to significantly enhance both the property’s appeal and income-producing capabilities. The Seller has approved plans prepared by a local architect, currently awaiting approval from the appropriate Architectural Review Committee. Ideally situated just minutes from Newburgh’s thriving hub of restaurants, shops, historic George Washington’s Headquarters, and the vibrant Newburgh Waterfront, with convenient access to Metro-North trains, buses, and major parkways. A terrific opportunity for a contractor or savvy investor to restore this distinctive property, maximize its rental potential, and create substantial long-term value.
| a week ago | Listing first seen on site | |
| a week ago | Listing updated with changes from the MLS® |
Based on information submitted to the MLS GRID as of 2026-08-21 10:27 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.