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.
Off market
Zestimate®
$371,900
34 Furnace St, Kingston, NY 12401
5beds
0baths
--sqft
MultiFamily
Built in 2005
-- sqft lot
$371,900 Zestimate®
$--/sqft
$2,545 Estimated rent
Owner options
What's special
Sell for more on Zillow
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$371,900
2% more+$7,438
With Zillow Showcase(estimated)$379,338