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170 Downs Street, Kingston, Ny 12401 Turnkey Two-family In Midtown Kingston With Strong Cash Flow. Two Spacious 3 Br/1 Ba Units, Both Fully Leased Through Family Of Woodstock With Guaranteed Rent Payments. Tenants Pay Their Own Utilities, Keeping Expenses Low. Updated Electrical Within The Last 5 Years And New Flooring In The Upstairs Unit. Total Monthly Rent Is $3, 922. Convenient Location Near Bus Line, Shopping, And Services. Great Opportunity To Step Into A Fully Stabilized Income Property With Immediate Returns Financials: • Total Monthly Rent: $3, 922 ($1, 961 Per Unit) • Annual Rent: $47, 040 • Est. Annual Expenses: $11, 800 (taxes, Insurance, Water/sewer, Maintenance) Updates/features: • Updated Electrical Within Last 5 Years • New Flooring In Upstairs Unit • City Lot, Approx. 0.09 Acres Investor Notes: Fully Stabilized Asset With Immediate Cash Flow And Minimal Landlord Responsibilities. Ideal Portfolio Addition.
| Location/Town | Kingston |
| Area/County | Ulster County |
| Prop. Type | Single Family House for Sale |
| Tax | $6,994.00 |
| Year Built | 1919 |
| Basement | Full |
| Construction | Frame |
| Total Units | 2 |
| Lot SqFt | 3,900 |
| Cooling | None |
| Heat Source | Forced Air, Natural |
| Util Incl | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
| Days On Market | 27 |
| Lot Features | Near Public Transit, Near School, Near Shops |
| Parking Features | On Street |
| Tax Assessed Value | 125000 |
| Units | 2 |
| School District | Kingston |
| Middle School | M Clifford Miller Middle Schoo |
| Elementary School | Chambers |
| High School | Kingston High School |
| Features | Other |
| Listing information courtesy of: eXp Realty | |