Kingston, NY 12401,280 Delaware AVE
$389,900
Est.Price: ?

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2,476 SqFt

280 Delaware AVE Kingston, NY 12401

Est. payment /mo
SOLD DATE : 10/25/2021

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,476 sqft

Price per Sqft $149

MLS Listing ID H6131232

Sold Date 10/25/21

Originating Board onekey

Year Built 1986

Annual Tax Amount $6,576

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Exciting Investment TURN KEY Opportunity NOW Available in the quaint hamlet of Glasco. (4) 1 Bedroom units are nicely sized and in good condition. Low mainenance with an abundance of parking. Fully occupied for immediate cash flow. Units are rented below market value making an opportunity for potential of higher return on investment. Tenants properly maintain their space, pay for their own electric and garbage removal. Nice out door space, come take a look! Cap Rate at asking price (including all expenses and vacancy/repair/maintenance expense) is just at about 8%, At Market Rate Rents an increase to 10% Cap Rate projected A/O

Location

State NY

County Ulster

Interior

Heating Natural Gas, Baseboard, Hot Water

Cooling None

Fireplace N

Exterior

Garage Parking Lot

Parking Type Parking Lot

Garage No

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Call Listing Agent

Middle Schools Saugerties Junior High School

High Schools Saugerties Senior High School

School District Saugerties

Others

Senior Community No

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Listed by Berardi Realty • 845-201-1111
Bought with Non-Member MLS

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Duwayne Garth

EXP Realtor - BTRE Founder | License ID: 104001235738

+1(917) 525-3207

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