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Single Family House for Sale in Kingston, Ulster County, NY 12401 | Web ID: 929972 | $399,900

 
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Property Description

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.

Property Information

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

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