#889920, Listing office: MS Realty Group USA, Inc
Property details
About 163 Chambers St
*Exceptional Investment Opportunity!* Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. *Key Highlights:* - *Strong Cap Rate*: 10.5%+ potential for high returns on investment - *Renovated Property*: Modern amenities and reduced maintenance costs - *Prime Location*: Scenic views and growth potential in Newburgh's heart - *Income Potential*: 4-unit building with stable rental income potential *Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
Highlights
Home typeQuadruplex
HeatingBaseboard, Other
StatusActive
CoolingWall/Window Unit(s)
Lot size0.0574 Acres
Year built1890
MLS #893445
Summary
- Full Bathrooms: 4
- Basement: No
- Interior: Other
- Total Bedroom Count: 9
- Private Pool: No
- Exterior: Back Fence
- Heating: Baseboard, Other
- Cooling: Wall/Window Unit(s)
- List Price: $589,000
- Annual Tax Amount: $7,715
- Tax Year: 2021
- Year Built: 1890
- Lot Size: 0.0574 Acres
- MLS Number: 893445
- MLS Name: ONEKEY2
- Office Name: Joseph Polatseck
- Office Phone: (646) 526-2751
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 8/1/2025, 1:41:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 24, 2018 | Home Sold | $32,500 |
| Jan 07, 2005 | Home Sold | $76,546 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $248,000 | $- |
| 2022 | $247,000 | $- |
| 2021 | $205,800 | $7,715 |
| 2020 | $174,400 | $7,715 |
| 2019 | $136,900 | $7,133 |
| 2018 | $37,500 | $881 |
| 2017 | $32,600 | $1,653 |
History based on county public records data.
Nearby schools
3
Horizon-on-the-Hudson Magnet School
Public Magnet PK-5
0.2 mi
•137 Montgomery St
3
Gams High Tech Magnet School
Public Magnet PK-5
0.8 mi
•300 Gidney Ave
5
South Avenue School
Public District KG-5
1.8 mi
•60 South Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,809. Typical income of Newburgh, NY residents is less than $<35k annually. Typical family type is single, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
55%
<35k
43%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
35%
Single, No Kids
43%
Single, with Kids
7%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
27%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
26%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Popeyes
Cicis Pizza
What do the neighbors drive?
Buick
Dodge
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 163 Chambers St
The listing price of 163 Chambers St property is $589,000.
The property 163 Chambers St is a multi located in Newburgh, New York, 12550.
Active Listing: 163 Chambers St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 163 Chambers St are: Horizon-on-the-Hudson Magnet School (GreatSchools Rating 3/10), Gams High Tech Magnet School (GreatSchools Rating 3/10), South Avenue School (GreatSchools Rating 5/10), South Middle School (GreatSchools Rating 3/10), Rombout Middle School (GreatSchools Rating 4/10), Heritage Middle School (GreatSchools Rating 4/10), Newburgh Free Academy (GreatSchools Rating 3/10), Beacon High School (GreatSchools Rating 5/10), Cornwall Central High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2021 is $7,715 (source: MLS/based on county public records data).
The last sale was on January 24, 2018 for $32,500 (source: MLS/tax record).
The year of construction for 163 Chambers St is 1890.
This home is located at 163 Chambers St in Newburgh, NY and zip code 12550. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $589,000.
Newburgh, NY housing market in June 2025 saw over 18 listings sold above listed price, more than 5 sold at listed price and over 15 sold below. The number of listings in Newburgh, NY decreased by 12.6% between May and June 2025. In June 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $383,250.
From Rocket Homes Real Estate and based on county public records data.