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3 Kingston AVE Port Jervis, NY 12771
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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,580 sqft
Price per Sqft $67
MLS Listing ID H6187015
Style Colonial
Bedrooms 6
Full Baths 2
Half Baths 1
Year Built 1915
Annual Tax Amount $6,600
Lot Size 4,791 Sqft
Property Description
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.
Location
State NY
County Orange
Interior
Heating Natural Gas, Hot Water
Cooling None
Exterior
Garage Detached, 2 Car Detached, Driveway
Garage Spaces 2.0
Building
Lot Description Level, Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame, Cedar, Shake Siding
Schools
Elementary Schools Anna S Kuhl Elementary School
Middle Schools Port Jervis Middle School
High Schools Port Jervis Senior High School
School District Port Jervis
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Bought with Orange West Realty
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