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170 Downs Street, Kingston, NY 12401

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Listed byeXp Realty
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Lot size (acres)
0.09
Year built
1919

Interior features

Basement
Yes

Utilities

Heating
Forced air, Natural gas, Other
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$6,993.53

Public schools

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Sourced from: Onekey MLS MLS®#: 929972 Last checked:

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