89 5th Avenue, Newburgh, NY 12550 (MLS # 1010502)
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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 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.
Property Type(s):
Single Family
| Last Updated | 6/10/2026 | Year Built | 1847 |
|---|---|---|---|
| Garage Spaces | 2.0 | County | Orange |
SCHOOLS
| Elementary School | Newburgh |
|---|---|
| Jr. High School | Newburgh |
| High School | Newburgh Free Academy |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Refrigerator |
| BASEMENT | Unfinished |
| CONSTRUCTION | Unknown |
| GARAGE | Yes |
| HEAT | Hot Water, Oil, See Remarks |
| INTERIOR | Eat-in Kitchen |
| LOT | 3.1 acre(s) |
| LOT DESCRIPTION | Cleared, Corners Marked, Front Yard, Rolling Slope, See Remarks, Sloped, Split Possible |
| PARKING | Detached |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 4509.86 |
| UTILITIES | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
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Listed with Gillespie Real Estate LLC
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