58 Leroy PlaceNewburgh, NY 12550Price: $575,000

Set within Newburgh's Historic District, 58 Leroy Place is a grand Craftsman-style residence offering scale, architectural presence, and compelling long-term upside. Encompassing approximately 3,929 square feet, the home showcases classic shake siding, stone detailing, and Craftsman proportions rarely found today. Currently configured as two residential income units and operated as student housing, the property generates in-place revenue while presenting a clear path to restoration as a distinguished single-family home. The primary residence features 4 bedrooms and 2.5 baths, with generous room sizes and a layout that lends itself naturally to elegant single-family living. A third-floor 1 bedroom apartment provides supplemental income or flexibility for guest quarters, home office use, or live-in support. A full basement offers shared laundry facilities, abundant storage, and functional utility space to support either rental or owner-occupant use. Outside, an expansive yard and off-street parking add meaningful convenience-an increasingly valuable asset in the Historic District. Whether maintained as an income-producing property or thoughtfully restored to its former prominence, 58 Leroy Place represents a rare opportunity to acquire a substantial Craftsman home with income, land, and architectural integrity in one of Newburgh's most established and desirable neighborhoods.