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  • Price$269,900
  • Acres0.45
  • Built1850

219-225 Newkirk Street, Kingston

Originally constructed in 1850, years of history still remain in the East Kingston School House that is now a fully occupied brick 4 family unit (converted in 1974). This 4 unit has off street parking, big back yard, separate gas and electric meters. Upgrades include a newer roof and box gutters (2010), new septic system and leech field (2013) hot water heaters in (2013), and new windows (2015). Long term tenants. Tenants pay all utilities and are on month to month leases. Net income reflects 5% vacancy credit and 5% for repair/maintenance producing positive cash flow after debt service and 8.2% cap rate at asking price. Great investment opportunity that still encompasses its history!

Essential Information

  • MLS® #20173559
  • Price$269,900
  • Acres0.45
  • Year Built1850
  • TypeMulti-Family
  • Sub-Type4 Family
  • StatusPENDING CONTINUE TO SHOW

Amenities

  • ParkingOFF STREET
  • GaragesNone

Exterior

  • Lot DescriptionLEVEL, PARKING LOT
  • RoofASPH SHINGLE

Additional Information

  • ZoningCOM

Community Information

  • Address219-225 Newkirk Street
  • AreaKINGSTON,CITY
  • CityKingston
  • CountyUlster County
  • StateNY
  • Zip Code12401

Interior

  • Interior FeaturesSMOKE DETECTOR, CARBON MONIXIDE DETECTOR
  • AppliancesRANGE, REFRIGERATOR
  • CoolingWINDOW UNIT

School Information

  • DistrictKINGSTONCONSOLD

Listing Details

  • Listing AgentGene Rios
  • Listing OfficeGene Rios Realty LLC

Price Change History for 219-225 Newkirk Street, Kingston, NY (MLS® #20173559)

Date Details Price Change
PENDING CONTINUE TO SHOW
Accepted offer CTS
Price Reduced $269,900 $10,000 (3.57%)
Price Reduced $279,900 $2,600 (0.92%)
ACTIVE
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