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34 Furnace Street, Kingston, NY 12401

19 Photos
 
$305,000 List Price
Off Market
 
Listing ID 10971983
Property Type Multi-Unit (2-4)
County Ulster
Total Tax $9,437
Tax ID 000000-056.093-0001-011.000
FEMA Flood Map fema.gov/portal
Year Built 2005
   
Virtual Tour
Solid 4 family home located in Midtown Kingston (Opportunity Zone). There are two 2 bedroom units and two 1 bedroom units- each tenant pays their own heat, hot water and electric. Each unit has been renovated with updated kitchens and baths within the last 5 years. There is a full basement, plenty of off-street parking and a backyard. Very convenient tenant location. Walk to city bus, restaurants, shops, school and grocery store. Excellent long-term tenants are all current with their rents. Cap rate at ask price is 9.20%- this includes all expenses including a 3% repair/maintenance expense and a 3% vacancy rate. Please see attached associated docs for further breakdown of income and expenses.
Property Details
  • 0.08 Acres
  • Built in 2005
  • 4 Units
Unit Information
Unit #1 – Rent Price: 1025, Bedrooms: 2, Full Baths: 1
Unit #2 – Rent Price: 950, Bedrooms: 1, Full Baths: 1
Unit #3 – Rent Price: 950, Bedrooms: 1, Full Baths: 1
Unit #4 – Rent Price: 950, Bedrooms: 1, Full Baths: 1
Taxes and Fees
  • $5,882 School Tax
  • $3,555 County Tax
  • $9,437 Total Tax
Previously Listed By
Gregory Berardi
Win Morrison Realty
Listing data is deemed reliable but is NOT guaranteed accurate.
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