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89 5th Avenue

Newburgh, NY 12550 · Orange County

Beds
3
Baths
1.5
Sqft
1,336
Status
Active
On site
100 days

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About this home

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 one or 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. PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.

Listed with Gillespie Real Estate LLC · Jodi M Gillespie · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 11:07 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$2,664.35Total / mo

Estimated Monthly Payment

Principal & interest
$2,088.51 (78.4%)
Taxes
$375.83 (14.1%)
Insurance
$200.00 (7.5%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Newburgh, NY

Current Listings

New in the last 30 days

63

Sep 2026

Average Price

Active listings

$520,615

Sep 2026

Average Days on Market

Active listings

180 days

Sep 2026

Computed from 364 active OneKey MLS listings in Newburgh, NY.

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