263 Riley Road, New Windsor, NY 12553

$519,900
4
BD
2
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$519,900
Price Change
▼ $50,000 1780349933
Days on Market
80
MLS#
000031
Status
ACTIVE
Bedrooms
4
Bathrooms
2
Lot Size
56628

Property Description

Improved Price!! Great investment opportunity or live in one unit and rent out the other! Set back off the road on 1.3 private acres, this well-maintained two-family property offers strong income potential with below-market rents and separate utilities for each unit. Ample parking plus additional off-street parking and a large detached finished garage provide excellent flexibility for tenants or owner use. Each spacious unit features its own private entrance, 12-foot ceilings, 2 bedrooms, 1.5 baths, and approximately 1,216 square feet of living space. Both apartments include a stove, refrigerator, dishwasher, and washer/dryer hookups. The upper unit features a rear entrance, large deck for entertaining, and wooded backyard views for added privacy, currently rented for $1,700/month. The lower unit offers a front entrance with additional storage and is currently rented for $1,650/month. Tenants are month-to-month and responsible for their own utilities. Municipal water and sewer. Major updates include a new boiler in 2026, a 10-year-old roof on the main house, and a new roof on the detached garage in 2022. Each apartment has its own above-ground oil tank, furnace, and separate meters. The spacious detached finished garage is currently rented for $400/month and includes electricity, plumbing, and its own meter, making it ideal for storage, workshop space, or additional income opportunity. Great investment or owner-occupied opportunity with room for future rental growth.

Additional Information

Year Built
1998
Style
Hi Ranch
School District
Newburgh
Elementary School
Newburgh
Middle School
Newburgh
High School
Newburgh Free Academy
Taxes Total
10862
Heating
Oil
Parking
Driveway, Off Street, Parking Lot
Parking Spaces
10
Water
Public
Sewer
Public Sewer
Taxes
$10,862

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeffrey Lyons (jeffreylyons@curasirealty.com) from Listing Office: Curasi Realty, Inc..

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.