3,898 Sqft Lot
3,898 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 929972
Rental Info No
Year Built 1919
Annual Tax Amount $6,993
Lot Size 3,898 Sqft
Acres 0.0895
Property Sub-Type Duplex
Source onekey2
Property Description
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
State NY
County Ulster County
Rooms
Basement Full
Interior
Interior Features Other
Heating Forced Air, Natural Gas, Other
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Garage false
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Chambers
Middle Schools M Clifford Miller Middle School
High Schools Kingston
School District Kingston
Others
Senior Community No
Special Listing Condition None