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Two building apartment complex located within walking distance to Uptown Kingston and the bus station. Building #1 fronts Snyder Ave, built in 2012 offers 7 apartments, (6) two bedroom units measuring +/- 1,050 SF and the top floor two bedroom apartment measuring +/- 1,400 SF. All tenants pay their own electric, landlord pays for the heat and hot water. (5) of the units in this building have washer and dryer hookups and there is also a coin operated washer and dryer. Building # 2 fronts Hurley Ave, built in 1960 offers 8 apartments. All tenants pay their own electric, landlord pays for the heat and hot water. Both buildings have long term tenants. Cap rate at asking price is 6.39%, this includes all confirmed expenses including a 3% vacancy rate and 3% repair and maintenance expense. Rents are well below market, please call for income and expense sheet with pro-forma breakdown. Cap rate at market rents would be 8.5%. Please see associated doc's for full income and expense sheet.

More Info

Basic Information

  • Acreage0.75
  • Lfd ConditionVERY GOOD
  • List Price$1,500,000
  • MLS Number20173967
  • Property TypeMulti-Unit
  • Sale Price$1,250,000
  • SewerMUNICIPAL
  • StyleAPT. COMPLEX
  • Units15
  • Year Built2012

Utilities

  • Cooling Air ConditioningCEILING FAN, DUCTLESS SPLIT AC UNITS
  • Heat SourceBASEBOARD, HOT WATER
  • Heating FuelNATURAL GAS
  • Hot WaterGAS

Location

  • Address184 Hurley Avenue
  • Area TownKINGSTON, CITY
  • Building Number184
  • Elementary SchoolEDSON K-4
  • High School DistrictKINGSTONCONSOLD
  • StateNY
  • StreetHurley Avenue
  • TownKingston
  • Zip12401
  • ZoneO-2

Water Body

  • Lfd WaterMUNICIPAL

Other

  • AppliancesDRYER, MICROWAVE, RANGE, REFRIGERATOR, WASHER
  • Electricity200 AMPS
  • Lot1
  • Lot Dimensions182 x 180
  • Lot FeaturesCORNER LOT, LANDSCAPED, LEVEL, PARKING LOT, SLOPE-GENTLY
  • Lot SiteCITY
  • PlumbingMIXED
  • Short SaleNo
  • StatusSLD
  • ViewsSEASONAL
  • View Count33

Building

  • BasementFINISHED, FULL, OTHER/SEE REMARKS, INTERIOR ACCESS
  • ConstructionFRAME/MOD, FRAME/STICK
  • Garage Capacity
  • Garage Parking ExtrasDRIVEWAY, LOT-PAVED, OFF STREET
  • Garage TypeNone
  • RoofASPH SHINGLE
  • SidingVINYL, WOOD

Interior

  • AmenitiesGARDEN AREA, PLAY AREA
  • FloorsCARPET, CERAMIC, HARDWOOD, VINYL

Kingston, NY Demographics

There is no data available

Kingston, NY Real Estate Market Data

There is no data available

Kingston, NY Schools

School NameDistanceTypeGrades
Listed by Gregory Berardi, Win Morrison Realty

Sold by Gregory Berardi, Win Morrison Realty

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