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Listed by Gregory Berardi, Win Morrison Realty
Downtown Kingston 2-family with excellent market rents. Great investment property offering 3 bedrooms in each unit or live for free in one and let the other apartment pay for your mortgage! Both units are in very good condition with updated kitchens and baths and refinished hardwood floors. Home was gutted and completely renovated in 2008, newer roof, newer siding, electrical, insulation, Sheetrock, kitchens, baths and replacement windows. Walk-out basement used to be an apartment and could be combined with the 1st floor apartment to create a duplex unit (just needs to be renovated). Two newer natural gas boilers on the lower level walk out with a working bathroom which would be a great workshop. Home is within walking distance to Kingston Point Beach, and all that downtown Kingston has to offer: eateries, shops, festivals, parks, etc. There are also two water meters so each tenant also pays their own water. Basement has full size windows and mostly above grade, could be finished to make the first floor unit larger or for a common utility/storage and laundry room for the building. Cap rate at asking price is 8.90% including all expenses with a 3% vacancy and 3% repairs and maintenance expense. See associated doc's for full income and expense sheet.

More Info

Basic Information

  • Acreage0.05
  • List Price$284,500
  • MLS Number20201850
  • Property Type2 Family
  • SewerMUNICIPAL
  • StyleDUPLEX
  • Units2
  • Year Built1880

Interior

  • AmenitiesPLAY AREA
  • FloorsCARPET, HARDWOOD
  • Unit 1 Baths1
  • Unit 1 Bedrooms3
  • Unit 2 Baths1
  • Unit 2 Bedrooms3

Location

  • Address80 Yeoman Street
  • Area TownKINGSTON, CITY
  • Building Number80
  • Elementary SchoolKENNEDY K-4
  • High School DistrictKINGSTONCONSOLD
  • StateNY
  • StreetYeoman Street
  • TownKingston
  • Zip12401
  • ZoneRES 1

Water Body

  • Lfd WaterMUNICIPAL

Building

  • BasementFULL, OTHER/SEE REMARKS, WALKOUT
  • ConstructionFRAME/STICK
  • Garage Capacity
  • Garage Parking ExtrasDRIVEWAY, OFF STREET
  • Garage TypeNone
  • RoofASPH SHINGLE
  • SidingVINYL
  • Unit 1 Rent1375

Utilities

  • Cooling Air ConditioningNONE
  • Heat SourceBASEBOARD, HOT WATER
  • Heating FuelNATURAL GAS
  • Hot WaterELECTRIC

Other

  • AppliancesRANGE, REFRIGERATOR
  • Electricity200 AMPS
  • Lot2.1
  • Lot Dimensions80X30
  • Lot FeaturesLANDSCAPED, LEVEL
  • Lot SiteCITY
  • PlumbingMIXED
  • Short SaleNo
  • StatusACT
  • View Count14

Kingston, NY Demographics

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Kingston, NY Real Estate Market Data

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Kingston, NY Schools

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