,
-
3 BR / 2 BA
-
1,573 Sq ft
-
0.0875 Acres
147 Washington Ave, Kingston, NY12401
$425,000
$450,000
Megan "MJ" Collum
/
mj@anatolehouse.com
/
The property features two separate units, each with its own entrance and all utilities separated.
The House Tour. 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.
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.
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.
The Grounds. The building features covered off-street parking, and a clear, flat lot with a grassy fenced rear yard backing up to woods.
Forsythia hedges welcome spring, and a stacked stone wall defining the rear yard border is a reminder of the area’s storied past.
The setting offers a peaceful respite in the midst of the bustling village.
The Area. Don't miss this low-maintenance and cash-flowing opportunity in prime Uptown Kingston––convenient to shopping, dining, parks, public transit, and daily bus service to/from NYC. Located just 90 miles to NYC, and a 10 to 15-minute walk to the weekly farmers market, many shopping/dining options in the Kingston Stockade District, the Trailways Bus Station with daily service to/from NYC and to Forsyth Park with nature center, playground and tennis/pickle ball courts.
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.
Listed By:
Megan "MJ" Collum
/
mj@anatolehouse.com
/
The property features two separate units, each with its own entrance and all utilities separated.
View Image Gallery
View Image Gallery
The Grounds. The building features covered off-street parking, and a clear, flat lot with a grassy fenced rear yard backing up to woods.
Forsythia hedges welcome spring, and a stacked stone wall defining the rear yard border is a reminder of the area’s storied past.
The setting offers a peaceful respite in the midst of the bustling village.
The Area. Don't miss this low-maintenance and cash-flowing opportunity in prime Uptown Kingston––convenient to shopping, dining, parks, public transit, and daily bus service to/from NYC. Located just 90 miles to NYC, and a 10 to 15-minute walk to the weekly farmers market, many shopping/dining options in the Kingston Stockade District, the Trailways Bus Station with daily service to/from NYC and to Forsyth Park with nature center, playground and tennis/pickle ball courts.
