Movoto Real Estate
Sold on 07/10/2017

89-91 Downs St, Kingston, NY 12401

$902,000

Last sold 07/10/2017 for $360K

  • —

    bed

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    bath

Multi-family not for sale

About 89-91 Downs St

Property type Multi-family
Neighborhood
Year built 1915
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
Rental estimate
Property description
Beautifully maintained solid brick 5 unit apartment house in the heart of Kingston. The owners have watched over this property closely for many years and it shows. The tenants pay all utilities and the apartments are fully rented. Also, included is a large barn/garage with 4-bays. 2 are currently rented at $80/month each. Great extra storage. Plenty of off Street parking too for 7 plus cars. A huge walk up attic is a real bonus. This property is a perfect fit for an investor who wants a building that is up and running with good numbers that the owners can support. Or maybe keep one for yourself and rent the other 4 units. With the barn in the back for storage it's perfect for that also. Now is the time to invest in Kingston while there is still plenty of room for growth. With a vibrant Historic Uptown and Downtown Waterfront with restaurants and shops along with an energized art and cultural movement taking place in mid town Kingston with the Ulster Performing Arts Center right in the middle of it all. Be a part of awesome City with a great community feel located only 90 minutes or so from NYC. Please note that the Annual net reflects a 5% Vacancy Rate
Listed by
Listing Agent - Marguerite Ehmann
Listing Office - Howard Hanna Rand Realty
Source: Hudson Valley Catskill Region MLS mls logo
MLS#20172926 • last updated 2 years ago
Movoto checked Hudson Valley Catskill Region MLS for data 25 minutes ago
Overview
Heating Forced Air, Hot Water, Natural Gas
Levels/Style 2
MLS # 20172926
SubType Multi Family
Status Closed
Lot Size (Acres) 0.25
Lot Size (SqFt) 10890
Year Built 1915
Interior
Flooring Carpet, Varies
Appliances Refrigerator, Range, Gas Water Heater, Electric Water Heater
Exterior
Roof Asphalt, Shingle
Construction Brick, Stone
Lot Features City Lot, Level
Amenities / Utilities
Water Source Public
Location
Area Kingston, City
Zoning RES
Multifamily Details
Owner Pays Sewer, Taxes, Water
Net Operating Income 31149
Gross Scheduled Income 50220
$902K
Range: $775K-$1.02M
Last 30 days 
Rental est.: $1,875/month
Gross rent multiplier: 16.0
  • Sep 2017
    Public Records
  • Sep 5, 2017 Sold
    $360,000
  • Aug 2017
    mls logo MLS # 20172926
  • Aug 23, 2017 Sold
    $360,000 (+2.9%)
  • Jul 10, 2017 Con
    —
  • Jul 10, 2017 Pending
    —
  • Jun 21, 2017 Listed
    $349,900
  • Jul 2017
    mls logo MLS # 20172927
  • Jul 10, 2017 Con
    —
  • Jul 10, 2017 Pending
    —
  • Jun 21, 2017 Listed
    $349,900
  • Year Property taxes Tax assessment
  • 2025
    $14,960 +2.3%
    $274,000
  • 2024
    $14,629 +4.0%
    $274,000
  • 2021
    $14,063 +1.4%
    $274,000
  • 2020
    $13,864
    $274,000
  • 89-91 Downs St
    $360K
  • Kingston,city
    —
  • 12401
    $409K -2% y/y
  • Kingston
    $399K -5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kingston High School
public Grades 9-12
Kingston City School District
Source: GreatSchools.org © 2026. All rights reserved.

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