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    280 Delaware Avenue

    Kingston, NY 12401
    • $389,900
    • STATUS: Pending
    • ON SITE: 66 days
    • MLS #: H6131232
    Pending
    UPDATED: 68 min ago
    $389,900
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,476
      SQFT
    • $157
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Information

    Elementary School:
    School District:

    Description

    Exciting Investment TURN KEY Opportunity NOW Available in the quaint hamlet of Glasco. (4) 1 Bedroom units are nicely sized and in good condition. Low mainenance with an abundance of parking. Fully occupied for immediate cash flow. Units are rented below market value making an opportunity for potential of higher return on investment. Tenants properly maintain their space, pay for their own electric and garbage removal. Nice out door space, come take a look! Cap Rate at asking price (including all expenses and vacancy/repair/maintenance expense) is just at about 8%, At Market Rate Rents an increase to 10% Cap Rate projected A/O

    Monthly Payment Calculator



    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-21T21:16:38.557.
    www.frankschiavone.com/homes/119407173
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    280 Delaware Avenue Kingston, NY 12401

    • Price: $389,900
    • Status: Pending
    • Updated: 68 min ago
    • MLS #: H6131232
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,476
    SQFT
    $157
    $/SQFT
    1986
    Built
    Neighborhood:
    Saugerties
    County:
    Ulster
    Area:
    Saugerties
    Elementary School:
    Call Listing Agent
    Middle School:
    Saugerties Junior High School
    High School:
    Saugerties Senior High School
    School District:
    Saugerties
    Property Description
    Exciting Investment TURN KEY Opportunity NOW Available in the quaint hamlet of Glasco. (4) 1 Bedroom units are nicely sized and in good condition. Low mainenance with an abundance of parking. Fully occupied for immediate cash flow. Units are rented below market value making an opportunity for potential of higher return on investment. Tenants properly maintain their space, pay for their own electric and garbage removal. Nice out door space, come take a look! Cap Rate at asking price (including all expenses and vacancy/repair/maintenance expense) is just at about 8%, At Market Rate Rents an increase to 10% Cap Rate projected A/O
    Exterior Features

    Garage YN No Parking Features Parking Lot

    Interior Features

    Cooling None Cooling YN No Heating Natural GasBaseboardHot Water

    Property Features

    Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 6576.00 Water Source Public

    Listing courtesy of Yameil Nunez of Berardi Realty.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with Douglas Elliman. Data last updated: 2021-09-21T21:16:38.557.
     
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