Multi Family 2-4 in Ulster County
| MLS Number | 929972 |
|---|---|
| Address | 170 Downs Street, Kingston, NY 12401 show map |
| Price | $399,900 show mortgage calculator |
| Acres | 0.089531680440771 |
| Year Built | 1919 |
| Est. Sq. Footage | 0 |
| Elementary School | Chambers |
| Jr High-Middle School | M Clifford Miller Middle School |
| High School | Kingston High School |
| Estimated Taxes | $6,994 |
| Total Apt Units | 2 |
| # 3 Brs | 1 |
170 Downs Street, Kingston, NY 12401 Turnkey two-family in Midtown Kingston with strong cash flow. Two spacious 3 BR/1 BA units, both fully leased through Family of Woodstock with guaranteed rent payments. Tenants pay their own utilities, keeping expenses low. Updated electrical within the last 5 years and new flooring in the upstairs unit. Total monthly rent is $3,922. Convenient location near bus line, shopping, and services. Great opportunity to step into a fully stabilized income property with immediate returns Financials: • Total monthly rent: $3,922 ($1,961 per unit) • Annual rent: $47,040 • Est. annual expenses: $11,800 (taxes, insurance, water/sewer, maintenance) Updates/Features: • Updated electrical within last 5 years • New flooring in upstairs unit • City lot, approx. 0.09 acres Investor Notes: Fully stabilized asset with immediate cash flow and minimal landlord responsibilities. Ideal portfolio addition.
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