- Bedrooms: 4
- Bathrooms: 3
- Price: $420,000
Renovated 2-family home in the heart of Newburgh, offering a great opportunity for both investors and owner-occupiers. Located at 52 Lander Street, this property features two updated units with strong rental income and separate electric utilities for efficiency and low maintenance. No oil or gas, the entire property is all-electric. The first-floor unit offers 2 bedrooms and 1 full bathroom with a functional layout and updated finishes throughout. The second-floor unit boasts 2 bedrooms and 2 full bathrooms, including a primary bedroom with its own en-suite 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. The property has no history of late or missed payments from either tenant. A turnkey income-generating property with modern updates, strong cash flow potential, and separately metered electric utilities, all conveniently located near restaurants, shops, parks, major thoroughfares, and the Newburgh waterfront.