Courtesy of: Martin Krakower, eXp Realty, martin.krakower@exprealty.com
Courtesy of: Martin Krakower, eXp Realty, martin.krakower@exprealty.com
$399,900
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3 bed
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Lot: 0.09 Acres
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Other
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$399,900
170 Downs Street 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.
Courtesy of: Martin Krakower, eXp Realty, martin.krakower@exprealty.com
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