$299,000
2 Bed • 2 Bath • 1,124 Sq. Ft.2 bd · 2 ba · 1,124 sqft
41 Old Greenville Turnpike
Port Jervis, NY 12771
Listed with KW Hudson Valley United
$275,000
Est. $2,502/moNewburgh, NY 12550 · Orange County
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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 three spacious 1 bedroom units 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. 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.
Listed with Double C Realty · Kieran Dwyer · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 12:07 AM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
57
Nov 2026
Average price
Active listings
$519,332
Nov 2026
Average days on market
Active listings
185 days
Nov 2026
Computed from 373 active OneKey MLS listings in Newburgh, NY.
$299,000
2 Bed • 2 Bath • 1,124 Sq. Ft.2 bd · 2 ba · 1,124 sqft
41 Old Greenville Turnpike
Port Jervis, NY 12771
Listed with KW Hudson Valley United
$300,000
3 Bed • 1.5 Bath • 1,400 Sq. Ft.3 bd · 1.5 ba · 1,400 sqft
220 Country Club Drive
Maybrook, NY 12543
Listed with Epique Realty
$199,000
3 Bed • 1 Bath • 1,008 Sq. Ft.3 bd · 1 ba · 1,008 sqft
1174 Union Avenue
Newburgh, NY 12550
Listed with Absolute Real Estate of NY Inc