Real Estate: 154 South St $25,000

154 South Street

These houses on South Street are some of my favorite. Back in 2011 I featured this house on a Rescue Me post. Often it’s difficult to purchase these properties because it’s a mystery who owns it. Now it’s on the market as a foreclosure and fortunately there are interior photos. Simply put, the inside is a mess and needs to be totally gutted. This is definitely a task for someone with experience with these types of properties. The Newburgh Community Land Bank has put together a nice guide of tax incentives, funding sources, and grants that might be available.

154 South St Newburgh NY
Asking Price: $25,000
Year Built: 1886
Size: 1,688 sq ft
Neighborhood: NoBro
Taxes: $3,300
Distance to NYC: 58.1 mi, 1 hour 9 mins
Public Transportation: MetroNorth to Beacon, then take ferry across
Closest Roadways: 9W, I-87, I-84
Google Map

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One Comment

  • For 25k this looks like a good deal. That part of South Street is rough. But i worked on a house on North Miller and have a friend that lives near this house. The roof dosnt seem to be leaking into the house so it might not need a total rehab. But again at 25k this is most likley the best house for that money you would ever come across.