• Price$1,500,000
  • Acres0.75
  • Built2012

184 Hurley Avenue, Kingston

Two building apartment complex located within walking distance to Uptown Kingston and the bus station. Building #1 fronts Snyder Ave, built in 2012 offers 7 apartments, (6) two bedroom units measuring +/- 1,050 SF and the top floor two bedroom apartment measuring +/- 1,400 SF. All tenants pay their own electric, landlord pays for the heat and hot water. (5) of the units in this building have washer and dryer hookups and there is also a coin operated washer and dryer. Building # 2 fronts Hurley Ave, built in 1960 offers 8 apartments. All tenants pay their own electric, landlord pays for the heat and hot water. Both buildings have long term tenants. Cap rate at asking price is 6.39%, this includes all confirmed expenses including a 3% vacancy rate and 3% repair and maintenance expense. Rents are well below market, please call for income and expense sheet with pro-forma breakdown. Cap rate at market rents would be 8.5%.

Essential Information

  • MLS® #20173967
  • Price$1,500,000
  • Acres0.75
  • Year Built2012
  • TypeMulti-Family
  • Sub-TypeMulti-Unit
  • StyleAPT. COMPLEX
  • StatusPENDING CONTINUE TO SHOW

Amenities

  • AmenitiesGARDEN AREA, PLAY AREA
  • ParkingDRIVEWAY, LOT-PAVED, OFF STREET
  • GaragesNone
  • ViewSEASONAL

Exterior

  • Lot DescriptionCORNER LOT, LANDSCAPED, LEVEL, PARKING LOT, SLOPE-GENTLY
  • RoofASPH SHINGLE
  • ConstructionFRAME/MOD, FRAME/STICK

Additional Information

  • ZoningO-2

Community Information

  • Address184 Hurley Avenue
  • AreaKINGSTON,CITY
  • CityKingston
  • CountyUlster County
  • StateNY
  • Zip Code12401

Interior

  • AppliancesDRYER, MICROWAVE, RANGE, REFRIGERATOR, WASHER
  • HeatingBASEBOARD, HOT WATER
  • CoolingCEILING FAN, DUCTLESS SPLIT AC UNITS

School Information

  • DistrictKINGSTONCONSOLD
  • ElementaryEDSON

Listing Details

  • Listing AgentGregory Berardi
  • Listing OfficeWin Morrison Realty

Mortage Calculator

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Purchase & Financing Information

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