172 Downs St, Kingston, NY 12401
Two family home great investment live in one and rent the other. Conveniently located. To NYS Thruway, Trailways and close to Amtrack.
Two family home great investment live in one and rent the other. Conveniently located. To NYS Thruway, Trailways and close to Amtrack.
If you are looking for your forever home with plenty of room to entertain and enjoy the outdoors, all while conveniently located to the shoppingand restaurants of the stockade district of Uptown Kingston, Town of Ulster, Woodstock and Saugerties this is it!!! Only minutes to access the New York State Thruway is a plus. This home offers 4 bedrooms, 3 full baths, 2 wood burning fireplaces and large den area complete with its own kitchen, perfect for entertaining guests and family. In addition, the roof is only 2 years old, central air, whole home generator, security system and a screened in porch. Home is currently set up as a single family home but is a legal two family!!! So if you are looking to own, while making income this home could be converted to a two family with ease. The potential is endless. This home just needs your personal touch to make it yours. It is a must see
Loft-like living, Soho-style, in one of Kingstons most popular neighborhoods! Built in the 1870s and once known as the Williams Apartments, this iconic Rondout building now features 3 fully renovated loft-like apartments -- one per floor -- and a long list of architectural gems, including a tin-ceilinged carriageway leading from Abeel Street to off-street parking and a leafy and private backyard retreat behind the building. The roomy floor-through apartments each feature 2 bedrooms, a renovated bathroom and kitchen, tall ceilings and, in the two upper units, enormous covered porch decks offering views of the picturesque Wurts Street Bridge and Rondout Creek. A new owner electing to live in the top-floor unit and rent the others will enjoy an enormous 38-foot open living, dining and kitchen gallery filled with sunlight from oversized windows on 2 exposures, plus skylights and your own 210-sf porch. Each unit is metered for natural-gas and electric service, and all heating systems, plumbing and electric were replaced in 2000, minimizing landlord overhead. Steps from the Rondout Creek and a quick walk to the restaurants, galleries, festivals and other attractions that have made this neighborhood one of the region's hottest, this building provides a handsome and financially savvy stage to a new life in the Hudson Valley.
Uptown Kingston mixed use building featuring a fully equipped turn-key restaurant/bar with two NYC loft style apartments, one on the second and third floor. Thriving restaurant has recently closed due to owner relocation (business is for sale asking $100,000 and $7,000 month rent). Second floor apartment has been completely renovated offering 1 bedroom, two full bathrooms and a rooftop deck (could easily be a 2 bedroom apartment) and is currently rented for $2,200 a month with the tenant paying all utilities. Third floor apartment is currently one unit, 2-3 bedroom with two full baths (but was split into two 1-bedroom apartments in the past), available for rent at $2,500 with electric included. In this unit there are two full bathrooms, 1 kitchen and laundry area that was previously the second kitchen, unit could easily be converted back into two apartments. Income and expense sheet reflects current status of building with projected rents as a commercial space and 2 apartments. See associated docs for income and expense at asking price. Full basement with high ceilings is great for storage, has full beer cooler and office. The exterior offers a front patio facing Wall Street and a rear patio facing Fair Street (could be used as parking or additional seating).
Great mid town side by side 2 family duplex. Each 3 bedroom unit has wood floors, living room, dining room and eat-in kitchen. Plenty of storage in each separate walk up attic and full basement separate utilities, tenant pays heating and electric.
Listen to the nearby Historic Old Dutch Church bells chime as you walk to the center of Uptown offering the Kingston Farmers Market, Shops,Events and Eateries. Very hard to find 2-family duplex offers a 2-bedroom apartment on the first and second floor. Each apartment has a massive front porch and quaint back porch overlooking the amazing backyard and extensive Organic Gardens. There is also hard wood floors in each unit, a dining room, living room and classic woodwork/old world charm. The second floor apartment also has a walk up attic with a soaring high ceiling and bright dormers offering future finishing potential (with City approvals). Each unit also has its own basement (access from the back) and its own heat, hot water and electric. Beautiful organic no-till vegetable garden complete with perennial flowers, succulents,strawberries, herbs and so much more at your little private oasis right in Uptown Kingston!
ARE YOU LOOKING FOR AN INVESTMENT IN THE HUDSON VALLEY WITH A GREAT UPSIDE,GREAT LOCATION AND GREAT RETURN.A REAL MONEY MAKER. Come and see our SIX UNIT Income producing property in Beautiful Kingston. Centrally Located and in close Proximity to Everything that Kingston has to offer. Minutes to interstate 87,Business District ,Rondout District and the Beautiful Hudson River.Easy to show. Make an appointment Today! Broker is Related to Seller.
Live in one apartment and rent the other and the retail space in this premier building across from TR Gallo Waterfront Park with national historic recognition, a centerpiece of the significant West Strand Row in Kingstons historic waterfront district. In superb condition with recent upgrades the building features a 3rd and 4th floor duplex 3-bedroom apartment and a 2nd floor one-bedroom apartment, with water and park views from the front and balconies in the rear. The property can be adapted to single-family use. A noted local boutique occupies the ground floor. All current tenants are on month-to-month rental agreements, allowing for the possibility of the building being delivered vacant. Kingstons vibrant Rondout district includes shops, restaurants, galleries, marinas, museums and riverside walks. Access to the NY State Thruway and express bus to NYC are nearby.
One of the best investment opportunities in the Hudson Valley and certainly in Kingston! A wonderful chance to be a part of the Hot New Trending, Kingston Midtown Arts District! 2 Beautiful, lovingly maintained Buildings, a Blue Clapboard Colonial 4-Plex and a Red Brick, Duplex Row House, with a total of 6 apartments. Huge, extra large, corner lot, with off street parking for Tenants + a few extra parking spaces that could be rented to neighbors for off street parking. it is actually a bonus lot! Walk to Concerts, Shows, Local Bars and Restaurants, Art Galleries, Stores, Flotation Tanks and Sound Stages. Use Public transportation, take a short walk to Historic Up Town Kingston or Downtown to the Hudson River in the Rondout District and enjoy cocktails and Dinner on the water! Each short destination, offers its own Restaurants and local flare! Rents are under market, with stable Tenancy, No evictions in 12 years. Each Apartment is self contained with its own electric, heat and hot water heater. No common hallways, each Apt. has its own keyless entry and off road parking space! 2 large lots combined, create a very large corner lot, 100x145. Enough room for bbqs, backyard fun, parking and at one time, a neighborhood Victory Garden! 85-87 Cedar, SBL 56.109-2-12 and 89 Cedar, SBL 56.109-2-13. 4-Plex was taken down to studs and completely renovated, foundation was rebuilt, new roof with new trusses, new pex plumbing, updated 200 amp electric, fresh, new insulation in walls and attic. Circulation fan in attic for keeping apartments cool in the summer. 89 Cedar could be easily converted back to a single family Townhouse, or, live in one apartment and rent out 5. Apts could be long term or short term rentals. Take this rare opportunity to invest in Revitalization and the beginning of something wonderful! 2 Separate buildings, 2 Separate Deeds! https://www.dailyfreeman.com/news/midtown-arts-district-in-kingston-seeks-to-unite-revitalize-area/article_4447a320-06a5-54d9-a17
Location, location, location and opportunity! Set on a large city lot, zoned as a 2 family this blank slate is ready to be finished as an investment, single family or mother/daughter. The current owners gutted down to the studs and removed over 12 tons of debris, rebuilt walls and supports as needed, framed out rooms and a 2nd floor laundry, installed a new roof and sheathing. Close to all amenities, schools, hospitals, 3 miles from Thruway Exit 19, 1 mile to uptown kingston, 2 miles to The Strand and Kingston Waterfront the destination for art, antiques, shopping, food, and culture in the Hudson Valley. Privacy with convenience. Don't miss it!
Dont miss this opportunity to check out this uptown Kingston 4 family. Location and charm burst from within. Hard wood floors through most of the rooms. Each apartment has access to a quaint back porch. Within walking distance to the Trailways bus station and to everything that has made Kingston such a popular destination. Within the past 18 years improvements include new roof, vinyl siding (wood underneath), blown in insulation, all windows replaced with double thermopane. Electrical replaced within past 5 years and a new oil tank 2 years ago. Very well maintained. Two hot water heaters that are side by side with a flip switch for ease. The 120 address side heats with oil and the 122 address side heats with natural gas. If rented at market rates the property would provide a low cap rate. Off street parking for up to (8) spaces. Tenants pay electric and gas. There are two (1) bedroom and two (2) bedroom apartments in total. Two of these apartments are rented below market rate to long term tenants. The remaining 2 apartments are rented at closer to market value. Great bones with a dry basement which also has washer and dryer. Please note: if they washer and dryer were to become unusuable they will not be replaced.
Lovely 2 family in convenient neighborhood, close to waterfront and all amenities. Lower apartment is owner occupied. Two finished rooms, walk in closet and bathroom in basement are not included in Square Footage. Many quality updates in 2019. Three bedroom apartment currently rented below market value. Tenant will be vacating upstairs unit by August 1, 2020. Seller is seeking more suitable housing.
Opportunity awaits. Desirable Kingston location, 2 family, well maintained, full of era charm with thoughtful modern touches. Tasteful upgrades are evident in owners upper unit with new hardwood flooring, updated bath, newer windows, french doors and comfortable bedroom attic. Spacious rooms with high ceilings offer lightness and brightness. Upper unit overlooks a beautifully shaded private yard with 2 bluestone patios , gardens and an adorable storage shed. First floor is tenant occupied and offers a large, eat in kitchen and 2 bedrooms with a private entrance and covered porch. Manageable property and affordable taxes. A suitable property for the owner occupant or investor.
Live for almost free in this well maintained secluded 3 BR, 2 full bath raised ranch on 6.5 level acres with income apartment w/separate utilities, 2 minutes from Kingston Thruway exit. Main unit features include: Central Air, Granite countertops w/island, On-demand LP gas hot water and super store 2-zone baseboard hot water system, newer Samsung DW/stove/microwave/fridge, large LR w/bluestone gas fireplace and surround sound, Master BR w/French doors leading to screened deck, Master bath w/large whirlpool tub, hardwood floors, carpet in BRs, work bench and cabinets in basement, wood/coal stove, utility sink, 3 car garage, 3 decks, 16x32 oval above ground pool w/deck, lighted fenced tennis courts, 6 camera security system, (2) sheds, 1684 SqFt, full basement w/3 car garage. Apartment features include: Central air, full basement, 1 car garage and deck w/roof. Currently renting for $1100/mo, could get $1500/mo, 784 SqFt.
Money Maker! Investors this is just what you have been looking for, neat and complete.. $800.00 LL $875.00 1st floor, $825.00 2nd floor. Total expenses $9,781.69, Income $30,000 minus 5% vacancy rate equals $28,500 at asking price the cap rate is 8%
The ultimate live-work opportunity: Get a jump-start on your new life in the Hudson Valley with this turn-key complex of 3 unique, renovated buildings already producing big income in the Kingston Rondout, one of the regions hottest neighborhoods. Right across the street from sailboats docked on the waterfront, and walk-able to restaurants, shops and boat launches, the quarter-acre corner site features a trio of stand-alone brick buildings: a former stable and warehouse for the Hunt Brothers circus, now transformed into a stunning multi-level home with loft-scale openness and a brand new kitchen; a sunny 3-unit apartment building featuring over-sized 2-bedroom layouts plus renovated bathrooms and kitchens; and, finally, a cozy smaller house that, inside, looks and feels more like a luxury hotel suite. The buildings share flexible "RT" zoning, ample off-street parking, a lushly landscaped common yard, and an in-ground saline swimming pool graciously enclosed in a walled courtyard where circus horses once slept. Its a masterful blend of old and new, all the better appreciated from the glass-enclosed home office now perched atop the main house. The apartment building (DeMew Townhouse) and the smaller house (DeMew House) boast an impressive track record of bookings and revenue from short-term and extended-stay guests, with clear potential for even more. Whether your choice is to live in the main house and rent out the rest to long-term tenants, or roll up your sleeves and expand on a proven formula to draw even more of the visitors now flocking to the Hudson Valley, theres nothing ordinary about this property, in terms of style, setting or new possibilities.
Investment property that can be a true money maker in one of the hottest real estate markets in the country. Left side offers a large 3 bedroom apartment, first floor living room, dining room and kitchen, second floor 3 bedroom and a full bath. Right side has an upper and lower one bedroom apartment. Each apartment has separate meters for gas/electric, tenant pays own utilities. Legit 8% cap rate with calculations using 5% rate for vacancies, R&M, management. Rents are estimated FMV. The 3 bedroom is in decent shape. The one bedrooms require rehab but well worth the effort. As courtesy to tenants, appointments only Saturday 12-2, Tues 4-6, Thur 12-2. No Showing 9/12