Pending

54 Leroy Place

Newburgh, NY 12550
Mark as Favorite
Bed 5

Bed

Bath 4

Bath

Acres0.40

Acre(Lot)

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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $598,000

AD Id : 82915321

MLS Id : 942018

Beds : 5

Lot Size : 0.40 Acre

Year Built : 1908

Garage : 3

County : Orange

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Basement: Partially Finished
  • Flooring Information

    Ceramic Tile, Hardwood
  • Interior Features

    Beamed Ceilings, Built-in Features, Eat-in Kitchen, High Ceilings, Natural Woodwork, Pantry, Storage Laundry Features: Common Area, In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water Has Cooling: Yes Cooling: Varies by Unit, Wall/Window Unit(s)

  • Building Information

    Year Built: 1908 Building Area Total: 3056 Construction Materials: Clapboard, Frame, Shingle Siding, Stone Patio And Porch Features: Covered, Porch Private Pool: No View: Bridge(s), Panoramic, River

  • Lot Information

    Lot Size Acres: 0.4 Lot Size Square Feet: 17424 Lot Description: Back Yard, Cleared, Front Yard, Near Public Transit, Views

  • Listing Price Information

    Listing Price: $598000

  • Tax Information

    Parcel Number: 331100-004-000-0010-006.000-0000 Annual Tax: $15931.06

  • Parking Information

    Alley Access, Detached, Driveway, Garage, Off Street

    Garage Information

    Has Garage: Yes Garage Space: 3

  • School Information

    Elementary School: Newburgh
    Junior High School: Newburgh
    Senior High School: Newburgh Free Academy
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
Sell a home like this and save $35,381 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/06/2026 @ 23:01

MLS: 942018 LISTED BY: John Ruggieri, BHHS Hudson Valley Properties 845-831-3080 SOURCE: OneKey MLS

Homes around $598,000

Selling? Save $35,381 when you sell a home like this

Tour with a ByOwner Agent