Home » Real Estate » NY » Newburgh » 12550 » 290 1st Street, Newburgh, NY, 12550
$599,000

290 1st Street, Newburgh, NY, 12550

5 Beds
3 Baths
Duplex on a double lot with plenty of off street parking and a seperate building lot all in one! Discover the potential of this unique multi-parcel property offering a rare combination of income, space, and future development opportunity. Situated on a double lot with additional building potential, this duplex presents an exceptional opportunity for investors or buyers with vision. The property features a two-unit dwelling. The first-floor unit offers a comfortable 3 to 4 bedroom, 1-bath layout with an enclosed back porch, perfect for added living space or storage. The upper unit includes 2–3 bedrooms and 2 full bathrooms, providing flexible living arrangements. The property was recently fully occupied and offers strong income potential. While the duplex does require some updating, it provides a solid foundation for value-add improvements. Recent updates include two new heating systems, a new water line, and conversion to natural gas. Outside, the oversized lot provides abundant parking and a large backyard area. As an added bonus, the sale includes an additional building lot on a separate deed—opening the door for future development or expansion. The property presents a fantastic opportunity for investors looking to maximize value and potential in a growing area.
Offered By
Angela Danosky, Picture It Sold, LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 5
Bathrooms (Full) 3
Property Sub Type Duplex
MLS # 876681

Market Trends

New Properties On Market
92
88% Increase In New Listings
Average Asking Price
$373,525
$2,642 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$225
$17 Increase In List Price/Sq. Ft.
Average Days On Market
7
15 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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