89 5th Ave, Newburgh, NY 12550

Incredible Investment & Development Opportunity!nnStep 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.nnWhat truly sets this property apart is its exceptional potential. A proposed subdivision for one or 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.nnEnjoy 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.nnWhether 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.nnPLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.