Set on a classic East End Historic District block, 492 Liberty Street offers a rare blend of scale, flexibility, and long-term value. Classified as a two-family but currently living as a single residence, this property adapts easily to a variety of lifestyles and investment strategies. The main living area features four bedrooms and two full baths, with hardwood floors throughout, an inviting eat-in kitchen, and a generously sized living room anchored by a decorative fireplace. An enclosed sunporch extends the living space - perfect as a reading room, studio, or home office. The lower level adds further versatility with two additional bedrooms, a full bath, and shared laundry, making it well suited for extended living, guest space, or rental use. Direct access to an extended rear yard enhances the indoor-outdoor connection and provides a rare sense of openness for a city property. A private driveway with off-street parking for multiple vehicles adds everyday convenience - an increasingly valuable feature in this neighborhood. Currently operated as student housing, the property presents immediate income potential, while also offering a clear path to conversion back to a substantial single-family home. Whether you're an investor seeking stable returns or an owner-occupant looking for space and architectural character in one of Newburgh's most established districts, 492 Liberty Street delivers flexibility, charm, and opportunity in equal measure.