About 163 Chambers Street
*Exceptional Investment Opportunity!* Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. *Key Highlights:* - *Strong Cap Rate*: 10.5%+ potential for high returns on investment - *Renovated Property*: Modern amenities and reduced maintenance costs - *Prime Location*: Scenic views and growth potential in Newburgh's heart - *Income Potential*: 4-unit building with stable rental income potential *Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
Features of 163 Chambers Street
| MLS® # | 893445 |
|---|---|
| Price | $589,000 |
| Sold Price | $585,920 |
| Date Sold | November 26th, 2025 |
| Bedrooms | 9 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,880 |
| Acres | 0.06 |
| Taxes | $8,939 |
| Year Built | 1890 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Closed |
Community Information
| Address | 163 Chambers Street |
|---|---|
| City | Newburgh |
| County | Orange County |
| State | NY |
| Zip Code | 12550 |
| Adult 55+ Community | No |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Heating | Baseboard, Other |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|
School Information
| District | Newburgh |
|---|---|
| Middle | MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL |
| High | Newburgh Free Academy |
Additional Information
| Date Listed | July 23rd, 2025 |
|---|---|
| Days on Market | 405 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Joseph Polatseck |
|---|