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.
Property Features
Utilities
Natural Gas Available
Cable Connected
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Heating Information
Forced Air
Natural Gas
Other
Cooling Information
None
Water Features
Public
House Interior
Other
Parking
On Street
Basement
Full
School Information
School Information for 170 Downs Street, Kingston, NY 12401