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117 Hone Street
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0.14 Acres

$295,000

Multi-FamilyMLS #20194815146 Days

Kingston 3 unit right in the heart of the Downtown Kingston district- short walk to the Strand and waterfront shops, festivals and eateries. This 3 family would be perfect for owner occupancy or just a solid investment. Building is in good condition, on a corner lot and just a short walk to hospitals, schools, eateries and the city bus. The building has a newer roof, replacement windows, vinyl siding and a small yard.  There are 3 electric hot water heaters, 3 natural gas boilers, 3 gas meters and 4 electric meters.  Cap rate at asking price is 10.54% with a 5% vacancy rate (current vacancy is lower than that) and a 5% repair and maintenance rate along with all normal expense.  Please see associated docs for full breakdown of the income & expense

Essential Information

  • MLS® #20194815
  • Price$295,000
  • Acres0.14
  • Year Built1930
  • TypeMulti-Family
  • Sub-Type3 Family
  • StatusACTIVE

Interior

  • Interior FeaturesSMOKE DETECTOR, CARBON MONIXIDE DETECTOR
  • AppliancesRANGE, REFRIGERATOR
  • HeatingBASEBOARD, HOT WATER

Additional Information

  • ZoningRES

Community Information

  • Address117 Hone Street
  • AreaKINGSTON,CITY
  • CityKingston
  • CountyUlster County
  • StateNY
  • Zip Code12401

Exterior

  • Exterior FeaturesLANDSCAPED
  • Lot DescriptionLANDSCAPED, LEVEL
  • RoofASPH SHINGLE
  • ConstructionFRAME/STICK

Listing Details

  • Listing AgentGregory Berardi
  • Listing OfficeWin Morrison Realty

Amenities

  • AmenitiesGARDEN AREA
  • ParkingDRIVEWAY
  • GaragesNone

School Information

  • DistrictKINGSTONCONSOLD
  • ElementaryEDSON
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