55 Cedar St, Kingston, NY 12401

Attention Investors: 10 CAP at list price but rents could be raised higher in this already impressively cash-flowing property. Located in a developing and busy area, this 6-Family property with a large lot, is fully occupied with long-term stable tenants. With full-service Property Management in place, this gem is turnkey and ready to make you money. Four 2-BR units, one 1-BR, and one Studio. All units are natural gas heating and City Sewer/Water. Landlord pays water/sewer but gas/electric is metered separately. (Some units also include utilities in rent.) Rent/unit information: Apt A: 2br unit $1,100/month (includes utilities); Apt B: 2br unit $1,100/month (includes utilities); Apt C: 1br unit $805/month (includes utilities); Apt D: 2br unit $825/month; Apt E: 2br unit $825/month; Apt F: studio $725/month (includes utilities) Large, fenced-in lot.