KINGSTON,CITY

147 Washington Ave, Kingston, NY 12401
$425,000

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  • MLS ID: 20240553
  • Remarks: Located in the heart of historic Kingston, The Uptowner is a stylishly renovated two-family home offering an outstanding opportunity for investors––or owner-occupants looking to offset their mortgage. The property features two separate units, each with its own entrance and all utilities separated, including water & sewer. On the lower level is a roomy one bedroom unit, accessed from the rear of the house, while upstairs is a two bedroom unit, entered from the front door and up an interior stairwell. With a new roof in 2018, and gut-renovation in 2020, the building features all new interiors, new mechanicals, laundry and dishwashers in both units, and fresh kitchens and bathrooms. The building also features covered off-street parking, and a grassy fenced yard backing up to woods. Residing in the flexible T4 Neighborhood zoning code, this property allows for full-time/non-owner-occupied short-term rental, subject to Sec 405.21.D of Kingston's zoning code. The first floor is currently used as a high-performing, and fully-licensed, short-term rental. All furnishings in this unit are available for purchase, making it a turnkey opportunity for a new owner. The upper unit is long-term tenant occupied, with tenant vacating April 30. Based on income from the building's current use as a mix of both long-term and short-term rentals, the property is priced at a very healthy 9.7% CAP Rate. Could also easily be converted back to a single-family home, as well. Whatever you choose, you can't lose!! Don't miss this low-maintenance and cash-flowing opportunity in prime Uptown Kingston––convenient to shopping, dining, parks, public transit, and bus service to/from NYC.
  • Listing Category: Multi-family
  • Status Category: Pending
  • Area, sq ft: 1573 sq ft
  • Zone: T4n
  • Acreage: 0.09
  • Year built: 1892
  • Age: 100-200
  • Bedrooms: 3
  • Bathrooms: 2
  • Basement: Interior Access, Unfinished
  • Attic: Walk Up
  • Number of Units: 2
  • Unit 1 Bedrooms: 1
  • Unit 1 Baths: 1
  • Unit 1 SqFt: 793
  • Unit 2 Bedrooms: 2
  • Unit 2 Baths: 1
  • Unit 2 SqFt: 780

INTERIOR FEATURES

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring: Ceramic, Vinyl

UTILITIES

  • Heat Source: Hot Water, Radiators
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Gas
  • Water: 440, Municipal
  • Plumbing: Aqua-pex
  • Electric: 1896
  • Electricity: 100 Amps
  • Sewer: Municipal

EXTERIOR FEATURES

  • Garage Type: Carport Attached
  • Garage Capacity: One
  • Garage/Parking Extras: Driveway, Carport, 1 Car
  • Driveway: Blacktop
  • Style: Duplex, Townhouse, Victorian
  • Construction: Frame/stick
  • Siding: Vinyl
  • Roof: Asph Shingle
  • Other Buildings: Shed
  • Lot Features: Level
  • Additional Exterior Features: Fenced Full, Outside Lighting, Fence, Paved Walkway
  • Lot Dimensions: 41x93
  • Lot: 20

LOCATION DETAILS

  • Area/Town: Kingston, City
  • School District: Kingstonconsold
  • Lot/Site: City
  • County: Ulster County
  • Directions: From Ny State Thruway Exit 19: Take 2nd Exit Of Roundabout Toward Wasington Ave Continue South On Washington Ave For 3 Min Destination Is On The Right, Just Before Linderman Ave Please Park On Street (tenant Parks In Driveway)

LISTED BY

  • Office Name: Catskill Mountain Houses
  • Agent First Name: Megan
  • Agent Last Name: Collum

View on map / Neighborhood

This Ulster County property is located in Kingston and has been listed on Grist Mill Real Estate. This property is listed at $425,000. It has 3 bedrooms, 2  and is 1573 sq ft in area. The property was built in 1892.

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