38 Vandeusen St, Kingston, NY 12401

Solid 4-family home full rented and nicely renovated.  Each unit is very similar in size and condition.  1 bedroom and 1 bath in each unit, 2 units on the fist floor and 2 units on the second floor.  There is a walk up attic in the one second floor unit offering great finished storage.  Cap rate at asking price is 9.05% with all expenses and a 5% vacancy rate and 5% repairs and maintenance.  There is one natural gas boiler (owner pays heat) and then 4 electric hot water heater. Tenants pays their own electric, hot water and rent. Owner pays the heat, water/sewer/lawn/snow and general maintenance.