Historic Newburgh Multifamily Portfolio 3 Multifamily Properties Offered at $4,634,650 CAD in Newburgh, NY

The offering consists of three historic multifamily investment properties situated along Grand Street in the heart of the City of Newburgh’s established urban fabric. Together these assets present a scalable cash-flow opportunity with immediate income, architectural distinction, and value-add potential in the Montgomery-Grand-Liberty/Municipal Historic District.
238–240 Grand Street is a classic late-19th-century brick multifamily building comprising six residential units with city approval for an additional basement unit, delivering a blend of stable in-place income and future expansion upside.
203 Grand Street features six legal residential units plus separate garage income, offering stabilized cash flow with the added potential of two approved basement units under an existing city plan, appealing to investors seeking near-term NOI enhancement.
415 Grand Street is a larger four-unit brick multifamily with pronounced historic character and Victorian detailing. Its size, period architecture, and structural presence anchor the portfolio and support resilient rental demand in a neighborhood benefiting from regional redevelopment momentum.
Collectively, these properties deliver diversified unit mixes, strong rental fundamentals, and the rare ability to acquire multiple scale-oriented assets in an aging inventory market with significant owner/occupier and investor demand. Offered individually or as a complete portfolio, the assemblage is positioned to appeal to both private capital and institutional buyers targeting long-term hold, repositioning strategies, or core-plus multifamily exposure in a Hudson Valley gateway community