A/O. No more showings. Great Investment Opportunity, Earn 12% + return on Investment* Huge @580 SF 2 Family duplex with each unit boasting 2 floors with 3 spacious Bedrooms upstairs. Downstairs features Kitchen Large Formal Dining rooms and Living room. On unit has a full Bathropom and Half Bathroom while other unit has one bathroom. Needs work but potential is amazing!!! Two Car Garage so each tenant gets one bay. Large Rocking chair porch and rear deck. Good Area in Uptown location. walk to everything very convenient. Cap Rate of 12 is based on approximately $75,000 in renovation costs plus the $175,000 sale price for a total of $250,000 versus the Rental income of $1700 per month total $3,400 per month and Net profit after all expenses of $31,000. Or live in one unit and let other apt pay your rent. EZ to show vacant. Additional Information: ParkingFeatures:2 Car Detached,AdjustedGOI:34100
Features of 3 Kingston Avenue
MLS# | H6187015 |
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Price | $175,000 |
Sold Price | $175,000 |
Total Taxes | $6,600 |
Bedrooms | 6 |
Bathrooms | 3 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 2,580 |
Lot Square Footage | 5,001 |
Acres | 0.11 |
Year Built | 1915 |
Type | Multi-Family |
Sub-Type | Duplex |
Style | Colonial |
Status | Closed |
Community Information
Address | 3 Kingston Avenue |
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City | Port Jervis |
County | Orange County |
State | NY |
Zip Code | 12771 |
Amenities
Utilities | Trash Collection Public |
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Parking Spaces | 4 |
Parking | Detached, Driveway |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Formal Dining |
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Appliances | Gas Water Heater |
Heating | Natural Gas, Radiant |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Full |
Exterior
Lot Description | Level, Near Public Transit, Near School |
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Construction | Cedar, Frame, Shake Siding |
School Information
District | Port Jervis |
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Elementary | Anna S Kuhl Elementary School |
Middle | Port Jervis Middle School |
High | Port Jervis Senior High School |
Additional Information
Date Listed | May 21st, 2022 |
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Date Sold | October 14th, 2022 |
Days on Market | 17 |
Short Sale | No |
RE / Bank Owned | No |
Offer is made only to participants of the MLS where the listing is filed.