KINGSTON,CITY NY - ID: 20180518
On the Market
Ulster:20180518_1
Ulster:20180518_1 Ulster:20180518_2 Ulster:20180518_3 Ulster:20180518_4 Ulster:20180518_5 Ulster:20180518_6 Ulster:20180518_7 Ulster:20180518_8 Ulster:20180518_9 Ulster:20180518_10 Ulster:20180518_11 Ulster:20180518_12 Ulster:20180518_13 Ulster:20180518_14 Ulster:20180518_15
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  • Price: $279,900
  • Bedrooms: 1
  • Bathrooms: 6 (full)
  • Sq. Feet: 0
  • Garage: None
  • Acreage: 0.08
  • Year Built: 1950
  • School District: KINGSTONCONSOLD
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: Multi-Unit

Description: Solid 6 unit apartment building located in a good rental area and walking distance to shopping and restaurants. Building has undergone renovations in recent years including replacement windows, new kitchens and updated baths. Owner pays the heat and hot water, tenants pay their own electric and cooking gas. Units are in very good condition, some have hard wood floors and balcony's. Cap rate at asking price is 11.01% including all expenses, maintenance and a 3% vacancy rate. Full basement is dry and accessible. Motivated seller.
See associated doc's for full income and expense sheet..


FEATURES:
NUMBER OF UNITS: 6
UNIT 1 -RENT: 725
ZONE: Com-1
LOT DIMENSIONS: 41x86
UNIT 1 -LEASE: V
UNIT 2 -LEASE: Mtm
UNIT 1 -LEASE: Mtm
UNIT 4 -LEASE: V
UNIT 5 -LEASE: Mtm
Unit 6 -Lease: V
UNIT 2 -RENT: 675
UNIT 3 -RENT: 700
UNIT 4 -RENT: 725
UNIT 5 -RENT: 720
UNIT 6 -RENT: 725
CONDITION: Very Good
APPLIANCES: Range, Refrigerator
ELECTRICITY: 200 Amps
LOT FEATURES: Level
LOT/SITE: City
WATER: Municipal
KITCHEN DESCRIPTION: Cabinets Wood

Listing courtesy of: Win Morrison Realty / Listing Agent: Gregory Berardi
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