SoldSep 7, 2016

Listed and Bought with Constance Darling from Win Morrison Realty - S

Source: Multiple Listing Service of Ulster County #20162206

170 Downs St, Kingston, NY, 12401

$129,900

Duplex

30+ days on the market

Sold: Sep 7, 2016

What's around 170 Downs St

About this property

This 2-family house is in the heart of Kingston within easy walking distance to both Broadway and Uptown. The house has been fully renovated inside within the last year. This is a very family friendly neighborhood with a mix of single family and 2-family homes. The property is showing a very attractive cap rate of 15.35% and is fully rented. Each unit has 3 bedrooms +/- 900 square feet, both units have excellent paying tenants. Cap rate includes all expenses including water, maintenance, insurance, lawn/snow, repairs/maintenance and a 3% vacancy rate. There is a huge fenced in back yard with a large play area and a shed to store all your toys. This is a MUST SEE for all investors.

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