172 Downs Street
Kingston, NY 12401
- 4 beds
- 2 baths
- – sqft
- 3,598 sqft lot
- 1915 build
- – on site
Built in 1915, the current owners have made significant updates to the building, including a new roof, new TimberTech front porch, bathroom renovation in the downstairs unit, and new carpet in the upstairs unit. Each unit is 780 square feet, with two bedrooms and one bathroom. The spacious backyard is ripe for landscaping to add value to the property. Apartment 1 rents at $1,380 monthly, and Apartment 2 rents at $1490 monthly, for a total monthly rent of $2,870, $34,400 annually. With low expenses, as tenants pay their own utilities, this is an estimated 8% cap rate at the asking price of $330,000. Midtown continues to grow, with new businesses lining Broadway and the surrounding streets. Rental units are in high demand, and while these tenants are in good standing, market rate rents could improve the property’s cash flow and cap rate significantly. Both units are occupied, proof of funds required for showing. Advance notice required. Showing times: Sundays 12-4pm
Listing courtesy of ONEKEY / Country House Realty Inc
Last checked:
Checking…
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Last updated Dec 21, 2024
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MLS# H6328187 —
The Building
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Year Built:1915
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Basement:true
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Construction Materials:Frame, Vinyl Siding
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Number Of Units Total:2
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Year Built Effective:2023
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Building Area Total:1560
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Building Area Source:Public Records
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Attic:Scuttle
Interior
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Levels:Two
Financial & Terms
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Tenant Pays:All Utilities, Electricity, Heat, Water
The Property
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Lot Size Area:0.0826
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Lot Size Acres:0.0826
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Parcel Number:0800-048.318-0006-004.000-0000
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Property Type:Residential Income
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Property Sub Type:Duplex
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Lot Size Square Feet:3,598 Sqft
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Property Attached:false
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Sprinkler SystemNo
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Additional Parcel:No
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Waterfront:false
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Water Access:No
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (303) 619-8154
- Office phone:
- (845) 397-2590
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:5066
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Included In Taxes:Trash
Beds
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Bedrooms Total:4
Baths
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Bathrooms Full:2
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Bathrooms Total:2
The Listing
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Virtual Tour URL Unbranded:
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Virtual Tour URL Branded:
Heating & Cooling
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Heating:Electric, Baseboard
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Utilities:Trash Collection Public
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Water Source:Public
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Electric Company:Central Hudson
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Number Of Separate Electric Meters:2
Schools
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High School:Kingston High School
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Elementary School:George Washington School
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High School District:Kingston
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Middle School:J Watson Bailey Middle School
The Community
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Association:false
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Seasonal:No
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Senior Community:false
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Additional Fees:No
Parking
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/20/24
Dec 20, 2024
|
Pending | ONEKEY | $330,000 | |
11/16/24
Nov 16, 2024
|
Listed / Active | ONEKEY | $330,000 |