$385,000

Located in the City of Newburgh, this fully occupied two-family row home offers immediate rental income with long-term tenants already in place through summer 2027. Situated minutes from Newburgh Waterfront and Mount Saint Mary College, 399-401 Liberty Street presents an opportunity for investors seeking a cash-flowing property in Orange County. Each unit features approximately 1,050 square feet with 2 bedrooms and 1 full bath, creating a practical layout for tenants who want comfortable living space with convenient access to dining, shopping, schools, and commuter routes. Both apartments are currently rented, generating $2,000 per month for the upstairs unit and $1,950 per month for the downstairs unit, with all utilities included in rent. The property includes a shared backyard that adds usable outdoor space for tenants, while the basement houses the utilities and provides additional functional storage space. Built in 1900, this row-style property blends classic Newburgh character with stable occupancy and reliable income potential.