Seller's Agent in 2017
Marguerite Ehmann
Howard Hanna Rand Realty
(914) 388-7543
28 in this area
86 Total Sales
89 Downs St Kingston, NY 12401
9
Beds
5
Baths
3,600
Sq Ft
0.25
Acres
Highlights
- No HOA
- Hot Water Heating System
- Level Lot
- Forced Air Heating System
- Garage
- Carpet
About This Home
As of August 2017Beautifully maintained solid brick 5 unit apartment house in the heart of Kingston. The owners have watched over this property closely for many years and it shows. The tenants pay all utilities and the apartments are fully rented. Also, included is a large barn/garage with 4-bays. 2 are currently rented at $80/month each. Great extra storage. Plenty of off Street parking too for 7 plus cars. A huge walk up attic is a real bonus. This property is a perfect fit for an investor who wants a building that is up and running with good numbers that the owners can support. Or maybe keep one for yourself and rent the other 4 units. With the barn in the back for storage it's perfect for that also. Now is the time to invest in Kingston while there is still plenty of room for growth. With a vibrant Historic Uptown and Downtown Waterfront with restaurants and shops along with an energized art and cultural movement taking place in mid town Kingston with the Ulster Performing Arts Center right in the middle of it all. Be a part of awesome City with a great community feel located only 90 minutes or so from NYC. Please note that the Annual net reflects a 5% Vacancy Rate
Last Agent to Sell the Property
Howard Hanna Rand Realty License #30EH0941143 Listed on: 06/21/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 48 x 226
- Level Lot
Parking
- Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
- Asphalt Roof
- Stone
Interior Spaces
- 2-Story Property
- Carpet
- Basement Fills Entire Space Under The House
- Permanent Attic Stairs
- Range
Location
- City Lot
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, taxes, water
- Legal Lot and Block 20 / 5
Community Details
Overview
- No Home Owners Association
Building Details
- Electric Expense $580
- Insurance Expense $1,428
- New Taxes Expense $12,674
- Net Operating Income $31,149
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2017 08/23/17 | Sold | $360,000 | +2.9% | $100 / Sq Ft |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- |
| 06/21/2017 06/21/17 | For Sale | $349,900 | -- | $97 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
Agents Affiliated with this Home
-
Marguerite Ehmann
-
Jeanne Boice
Buyer's Agent in 2017
Jeanne Boice
Howard Hanna Rand Realty
(914) 388-7405
43 in this area
145 Total Sales
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20172926
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