Seller represented by:
Jodi M Gillespie with Gillespie Real Estate LLC

89 5th Avenue
  • Active
  • Single Family Residence

89 5th Avenue, Newburgh, NY 12550 89 5th Avenue Get directions

$460,000
3 Beds 1 Bath 1 Partial Bath 1,336 Sq.ft. 3.10 Acre Lot
  • StyleColonial
  • Age 179 Years
  • Parking 2 car garage
  • MLS# 1010502
  • Listed June 10, 2026

Overview

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.

Features

Basement

  • Unfinished

Interior Features

  • Eat-in Kitchen

Appliances

  • Gas Range
  • Refrigerator

Laundry Features

  • In Kitchen

Flooring

  • Carpet
  • Linoleum

Cooling

  • None

Heating

  • Hot Water
  • Oil
  • See Remarks

Patio and porch

  • Porch

Pool and Spa

  • Private Pool: No

Lot

  • Sloped
  • Cleared
  • Corners Marked
  • Front Yard
  • Rolling Slope
  • See Remarks
  • Split Possible
  • 3.1 acres
  • Lot Size: 135036 sq ft

Garage and Parking

  • Detached
  • Parking Total: 6
  • Garage Spaces: 2
  • Garage: Yes

Property

  • Waterfront: No

Construction Details

  • Stone

Utilities

  • Cable Available
  • Electricity Connected
  • Sewer Connected
  • Water Connected

Sewer

  • Public Sewer

Water Source

  • Public

Nearby Schools

School Type School District
Elementary School Newburgh Newburgh
Middle Or Junior School Newburgh Newburgh
High School Newburgh Free Academy Newburgh