BEDS3
BATHS1 full 1 partial
SQUARE FEET1,336
MLS#1010502
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLNewburgh
Property Description
Incredible Investment & Development Opportunity!Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space.What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities.Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property.Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting.
Property Features
Property Type: Residential - Single Family
Basement: Bilco Door(s), Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Hot Water, Oil, See Remarks
Home Style: Colonial
Lot Size: 3.10 Acres
Taxes: $4,509
Year Built: 1847
Amenities
Eat-in Kitchen
Feature Descriptions
Appliances: Gas Range, Refrigerator
Attic: Scuttle
Exterior: Unknown
Flooring: Carpet, Linoleum
GarageY/N: Yes
Inclusions: Subdivision Paperwork
Laundry: In Kitchen
Lot Features: Cleared, Corners Marked, Front Yard, Near Shops, Rolling Slope, See Remarks, Split Possible
Number Of Kitchens: 1
On Market Date: 2026-06-10
Parcel Number: 334600-069-000-0004-006.100-0000
Parking Features: Detached
Parking Total: 6
Patio And Porch: Porch
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Rooms Total: 5
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Private, Water Connected
Water: Public
Local Schools
High School: Newburgh Free Academy
Middle School: Newburgh
Elementary School: Newburgh
School District: Newburgh
Estimate Your Payment
Estimated Payment
$ 2,835.93 per month $2,326.01 Principal & Interest $375.75 Property Tax $134.17 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Gillespie Real Estate LLC
Agency Contact: 845-565-7073
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
89 5th Avenue | MLS# 1010502
This single family home located at 89 5th Avenue , Newburgh, NY 12550 is currently listed for sale with an asking price of $460,000. This property was built in 1847 and has 3 bedrooms and 1 full and 1 partial baths with 1336 sq. ft. 5th Avenue is located within the Newburgh school district. Search Newburgh real estate on www.cbamhomes.com today.