230 Downs St Kingston, NY 12401
Estimated payment $2,035/month
Highlights
- Golf Course Community
- Corner Lot
- Enclosed Patio or Porch
- Wood Flooring
- No HOA
- Eat-In Kitchen
About This Home
230 Downs: Your chance for an easy and affordable opportunity. A two unit, well priced apartment building in Kingston's midtown provides the perfect option for building an investment portfolio or to begin the house hacking dream: live in one unit and rent the other... Estimated Cap rate at list price is approx 9.4 making this a no brainer deal to snatch up fast...
For those wanting a single family.... you can easily convert this back to that or, just move on in and have two kitchens to feast with. Each unit is 1BR 1BA (shower/tub combo in both) with some original hardwood flooring. The downstairs unit has charming built ins reminiscent of this original 1920's architecture. A corner lot with private parking/driveway in addition to abundant street parking makes this an easy location for renting. The covered front porch is perfect for morning coffee .The downstairs unit can be accessed through the front porch hallway entry, or a private back entrance off the driveway with it's own sunroom. Full basement with interior and side yard access for shared laundry (new machines). Upstairs unit has access to walk up unfinished attic for storage. Each unit has it's own electric meter. Landlord currently pays for gas for the brand new efficient furnace with smart thermostat (but a conversion to minisplits would put that expense into the tenants column). Roof approx 5+ years old. Double pane windows. Currently solely owner occupied, and delivered vacant for the next owner. Market rents are ~1,500-1,550 for top unit, 1,650-1,750 for bottom unit.
Clearly time to leap!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,682
Year Built
- Built in 1924
Lot Details
- 5,663 Sq Ft Lot
- Private Entrance
- Corner Lot
- Front Yard
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Cement Siding
Interior Spaces
- 1,386 Sq Ft Home
- 4-Story Property
- Built-In Features
- Bookcases
- Woodwork
- Ceiling Fan
- Double Pane Windows
- Awning
- Entrance Foyer
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Free-Standing Electric Oven
- Free-Standing Gas Range
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Attic
- Attic Floors
- Walk-In Attic
- Permanent Attic Stairs
- Unfinished Attic
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Block Basement Construction
- Laundry in Basement
- Basement Storage
Parking
- Private Parking
- Driveway
- Paved Parking
- Additional Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
Location
- Property is near golf course
- City Lot
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Energy-Efficient HVAC
- Enclosed Patio or Porch
Listing and Financial Details
- Legal Lot and Block 8 / 318
- Assessor Parcel Number 48.318-8-4
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
Building Details
- 1 Separate Gas Meter
- Electric Expense $1,200
- Fuel Expense $1,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,210 | $111,000 | $19,000 | $92,000 |
| 2023 | $5,881 | $111,000 | $19,000 | $92,000 |
| 2022 | $1,480 | $111,000 | $19,000 | $92,000 |
| 2021 | $5,735 | $111,500 | $19,000 | $92,500 |
| 2020 | $3,910 | $111,500 | $19,000 | $92,500 |
| 2019 | $2,308 | $111,500 | $19,000 | $92,500 |
| 2018 | $3,656 | $101,000 | $18,000 | $83,000 |
| 2017 | $3,716 | $101,000 | $18,000 | $83,000 |
| 2016 | $3,702 | $101,000 | $18,000 | $83,000 |
| 2015 | -- | $101,000 | $18,000 | $83,000 |
| 2014 | -- | $101,000 | $18,000 | $83,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2025 11/26/25 | Pending | -- | -- | -- | |
| 11/08/2025 11/08/25 | For Sale | $315,000 | +13.1% | $227 / Sq Ft | |
| 07/20/2023 07/20/23 | Sold | $278,500 | +11.4% | $201 / Sq Ft | View Prior Sale |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 05/04/2023 05/04/23 | For Sale | $250,000 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $278,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $222,800 | Purchase Money Mortgage |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20255496
APN: 0800-048.318-0008-004.000-0000