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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.
Estimated Payment
$ 3,953.11 per month $2,881.72 Principal & Interest $905.17 Property Tax $166.22 Homeowner's InsuranceListing By
Agency Name: Curasi Realty, Inc.
Agency Contact: 845-234-3375
Shown By
Agent Name: Vincent Sanfilippo
Agent Phone: (516) 359-0028
Agency Title: Coldwell Banker American Homes
263 Riley Road | MLS# 000031
This multi-family property located at 263 Riley Road , New Windsor, NY 12553 is currently listed for sale with an asking price of $569,900. Riley Road is located within the Newburgh school district. Search New Windsor real estate on vincentsanfilippo.cbamhomes.com today.