SoldSep 13, 2017

Listed by Thomas Roberts

Source: Multiple Listing Service of Ulster County #3yd-UCMLSNY-20172729

113 Hone St, Kingston, NY, 12401

$274,100

4

Other

30+ days on the market

Sold: Sep 13, 2017

What's around 113 Hone St

Multi-Family - Kingston, NY

Brick solid investment! Character and cash flow! This is your opportunity to be part of the Brooklynification of Kingston’s Rondout District. This handsome four level, 3-Family brick house proudly surveys the Kingston’s newly hip historic waterfront. Built in the ninetieth Century, it has been updated to combine the charms of a bygone era with modern necessities. Divided into three legal apartments, offering tall ceilings and original details, pocket doors and marble fireplaces, along with practical elements, double paned windows and a sprinkler system. Creating enormous cash flow potential, a conservative Cap rate of 9. The top apartment is a wonderful rambling two floor unit with two full baths, a living room and dinning room. Tenants can enjoy a small flower garden, off street parking, and all the restaurants, bars, growing night life and art venues of the Hudson Valley’s trendy new destination neighborhood. Rents are clearly on an upward path. Priced to sell, the savvy investor will move fast.

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