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Listed by Gregory Berardi, Win Morrison Realty-K
Solid 4 family home located in Midtown Kingston (Opportunity Zone). There are two 2 bedroom units and two 1 bedroom units- each tenant pays their own heat, hot water and electric. Each unit has been renovated with updated kitchens and baths within the last 5 years. There is a full basement, plenty of off-street parking and a backyard. Very convenient tenant location. Walk to city bus, restaurants, shops, school and grocery store. Excellent long-term tenants are all current with their rents. Cap rate at ask price is 9.20%- this includes all expenses including a 3% repair/maintenance expense and a 3% vacancy rate. Please see attached associated docs for further breakdown of income and expenses.

More Info

Basic Information

  • Acreage0.08
  • List Price$305,000
  • MLS Number20210533
  • MlsStatusACTIVE
  • Property Type4 Family
  • Units4
  • Year Built2005

Amenities

  • UsmAmenitiesBasement, Fireplace

Location

  • Address34 Furnace Street
  • Area TownKINGSTON, CITY
  • Building Number34
  • Elementary SchoolG.WASHINGTON K-4
  • High School DistrictKINGSTONCONSOLD
  • StateNY
  • StreetFurnace
  • TownKingston
  • Zip12401
  • ZoneCom1

Other

  • Lot11
  • Lot Dimensions39x100

Building

  • Garage Capacity
  • Garage TypeNone
  • Unit 1 Rent1025

Interior

  • Unit 1 Baths1
  • Unit 1 Bedrooms2
  • Unit 2 Baths1
  • Unit 2 Bedrooms1
  • Unit 3 Baths1
  • Unit 3 Bedrooms1
  • Unit 4 Baths1
  • Unit 4 Bedrooms1

Kingston, NY Demographics

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Kingston, NY Real Estate Market Data

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Kingston, NY Schools

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