$1,500,000

184 Hurley Avenue Kingston, NY 12401

Beds: 0
Baths:
Sq Ft: 0
Type: Mult-Family
MLS#: 20173967
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

Two building apartment complex located within walking distance to Uptown Kingston and the bus station. Building #1 fronts Snyder Ave, built in 2012 offers 7 apartments, (6) two bedroom units measuring +/- 1,050 SF and the top floor two bedroom apartment measuring +/- 1,400 SF. All tenants pay their own electric, landlord pays for the heat and hot water. (5) of the units in this building have washer and dryer hookups and there is also a coin operated washer and dryer. Building # 2 fronts Hurley Ave, built in 1960 offers 8 apartments. All tenants pay their own electric, landlord pays for the heat and hot water. Both buildings have long term tenants. Cap rate at asking price is 6.39%, this includes all confirmed expenses including a 3% vacancy rate and 3% repair and maintenance expense. Rents are well below market, please call for income and expense sheet with pro-forma breakdown. Cap rate at market rents would be 8.5%., Directions From Uptown Kingston take Washington ave to Hurley Ave, property on Left

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DescriptionInterior & Exterior Features

Interior Features Include:

DRYER, MICROWAVE, RANGE, REFRIGERATOR, WASHER, SMOKE DETECTOR, CARBON MONIXIDE DETECTOR, INSULATED DOORS

Air Cond: CEILING FAN, DUCTLESS SPLIT AC UNITS

Heating:
Fuel NATURAL GAS, BASEBOARD, HOT WATER

Floor Type: CARPET, CERAMIC, HARDWOOD, VINYL

Basement:
FINISHED,FULL,OTHER/SEE REMARKS,INTERIOR ACCESS


Exterior Features Include:

LANDSCAPED
Porch OPEN

Acreage: 0.7521 Acres

Lot:
Dimensions 182 x 180, CORNER LOT, LANDSCAPED, LEVEL, PARKING LOT, SLOPE-GENTLY

Roof: ASPH SHINGLE

Exterior: FRAME/MOD, FRAME/STICK
Siding VINYL, WOOD

Garage/Parking:
Type 0

Other Features Include:

Amenities: GARDEN AREA, PLAY AREA

Water: MUNICIPAL

Sewer: MUNICIPAL


Plumbing MIXED


School District: KINGSTONCONSOLD

This Listing is Presented By
522

River Realty Services Inc.

River Realty Services Inc.

Work: 845 564 2800119

Fax: (845) 564-0700

Email: showings@riverrealty.com

      
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