4 Beds
1,560 SqFt
4 Beds
1,560 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $211
MLS Listing ID 20243845
Style Traditional
Bedrooms 4
HOA Y/N No
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1915
Annual Tax Amount $5,066
Tax Year 5066
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Built in 1915, the current owners have made significant updates to the home, including a new roof, new TimberTech front porch, bathroom renovation in the downstairs unit, and new carpet in the upstairs unit.
Each unit is 780 square feet, with two bedrooms, one bathroom, kitchen and living room. The spacious backyard is ripe for landscaping to add value to the property. Both unit's tenants are in good standing, and at asking price, this property is a solid 8 cap. Pro-forma is available with rents and expenses.
Midtown continues to grow, with new businesses lining Broadway and the surrounding streets. Rental units are in high demand, and market rate rents could improve the property's cash flow and cap rate significantly.
Location
State NY
County Ulster
Area Kingston, City
Zoning T4N
Rooms
Basement Dirt Floor, Unfinished
Interior
Interior Features Eat-in Kitchen
Heating Baseboard
Cooling Window Unit(s)
Flooring Varies
Fireplace No
Laundry None
Exterior
Exterior Feature Private Yard
Fence Chain Link, Wood
Pool None
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
Waterfront No
View None
Roof Type Shingle
Porch Covered, Front Porch
Garage No
Building
Lot Description Back Yard, City Lot, Cleared, Level
Story 2
Foundation Brick/Mortar, Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
High Schools Kingston Consolidated
School District Kingston Consolidated
Others
Tax ID 48.318-6-4
