5 Beds
1,935 SqFt
5 Beds
1,935 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,935 sqft
Price per Sqft $175
MLS Listing ID 20265099
Style Victorian
Bedrooms 5
Year Built 1912
Annual Tax Amount $3,957
Tax Year 3957
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x127
Property Sub-Type Duplex
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
An exceptional investment opportunity awaits in historic Kingston, New York! This charming early-20th-century Victorian-style two-family home offers a three-bedroom apartment on the first floor and a two-bedroom apartment on the second floor, This income generated investment provides a cap rate of 10.
The property features a large, private, fenced-in backyard, offering plenty of outdoor space for both apartments. Each unit also has its own private deck overlooking the yard. A welcoming rocking-chair front porch adds to the home's classic Victorian charm, while the spacious driveway provides ample off-street parking.
Recent improvements include upgraded electrical service from the pole to the panel boxes. All utilities are separately metered and paid by the tenants, while the owner is responsible for the water and sewer bill.
The current owner has lovingly and meticulously maintained this property for more than 44 years, and the pride of ownership is evident throughout. Most recently, new sidewalks were installed along the street.
The location is highly walkable and close to many of the attractions, dining, entertainment, and businesses that make Kingston such a vibrant destination. Just a short walk away are the Ulster Performing Arts Center, The Venue, numerous restaurants and cafés, and much more.
Kingston continues to attract new residents, investors, entrepreneurs, and visitors, with microbreweries, distilleries, restaurants, and small businesses contributing to the city's ongoing revitalization.
Don't miss this opportunity to own a well-maintained two-family property in one of the Hudson Valley's most exciting communities. Come be part of Kingston's renaissance!
Location
State NY
County Ulster
Area Kingston, City
Zoning T4N
Rooms
Basement Full, Unfinished
Interior
Heating Oil, Separate Meters
Flooring Combination
Exterior
Exterior Feature Private Entrance, Private Yard
Fence Back Yard, Fenced
Roof Type Asphalt
Porch Covered, Deck, Porch, Rear Porch
Building
Lot Description Back Yard, City Lot, Private
Story 2
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories Two
Schools
High Schools Kingston Consolidated
School District Kingston Consolidated
Others
Tax ID 56.108-6-5
NEARBY SCHOOL & BUSINESS
