Solid 4 family home located in Midtown Kingston (Opportunity Zone). There are two 2 bedroom units and two 1 bedroom units- each tenant pays their own heat, hot water and electric. Each unit has been renovated with updated kitchens and baths within the last 5 years. There is a full basement, plenty of off-street parking and a backyard. Very convenient tenant location. Walk to city bus, restaurants, shops, school and grocery store. Excellent long-term tenants are all current with their rents. Cap rate at ask price is 9.20%- this includes all expenses including a 3% repair/maintenance expense and a 3% vacancy rate. Please see attached associated docs for further breakdown of income and expenses.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
