For sale 4 days ago

$349,900

4 bd 2 ba 2266 sqft

197 Washington Avenue, Kingston , NY 12401

Residential Duplex Occupied

Current Rent

$3,550

Cap Rate

Pro Only

Cash on Cash ROI

Pro Only

Posted By:

Nicole Ashey

Unit 1 Details
  • Current Rent: $1,600
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 1000 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $1,950
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1266 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Park Your Money-Great Income Producer in The Hudson Valley

If you need a place to park your money, this is it! There is nothing to be done at this property as it was just renovated last year. It's a 7 CAP in Uptown Kingston, NY-an area that will appreciate rather quickly. Net Operating Income is $26k. The neighborhood is beautiful and within walking distance to bars, restaurants and the bus to NYC. Tenants are nice, respectable people who signed leases in November, 2018. Upstairs unit has a completely finished walk-up attic that always blows people away. It is currently on the market for $359,900 and we are dropping it within the next day or two from today 4/15/19. Here is the link to the Zillow listing: https://www.zillow.com/homes/197-Washington-Ave-Kingston-NY_rb/ The city of Kingston is very landlord friendly! I am happy to answer any questions you may have. Thanks for reading! -Nicole

Location:

197 Washington Avenue, Kingston , NY 12401

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