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385 Delaware, Kingston, NY 12401 (MLS# 20212881)

385 Delaware, Kingston, NY 12401

$325,000
Property Type: Residential Income Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $325,000 List Date: 8/02/2021 Last Modified: 9/02/2024

Overview

Description

You won't believe the space this 1890’s two family offers! Each apartment has updated kitchens, two bedrooms each, high ceilings, decks and lots of windows and light. The second floor apartment has a giant walkup finished attic which would make an awesome office, art studio, family/media room, etc. Much of the original character remains in this property. Lovely rear yard, one car garage, off street and on street parking, great investment. Live in one, rent the other or convert to a giant single use homestead. Partially finished basement adds even more space. Projected rent for second floor apartment $2000 +/-, first floor $1800 +/-. . Each floor has a separate electric meter. Landlords pay heat, water/sewer, taxes, insurance, maintenance, etc. Great location close to the Hudson River, Rondout waterfront, boating, Kingston Point Beach, Rotary Park, fine restaurants, galleries, music venues, trails and more. Tennis and basketball to enjoy at Hasbrouck Park which borders the backyard.

Listing Details MLS# 20212881

General Property Information

Number Of Units Total
2
Year Built
1890
Garage YN
Yes
Attached Garage YN
No
Garage Spaces
Yes
Lot Size Acres
0.29
Lot Size Dimensions
80x160
Association YN
No
Sign On Property YN
Yes

Property Features

Appliances: Gas Water Heater; Range; Refrigerator Attic Features: Finished; Permanent Stairs Basement: Finished; Full; Other Construction Materials: Aluminum Siding; Frame Electric: 100 Amp Service; 200+ Amp Service Flooring: Carpet; Ceramic Tile; Linoleum; Varies Heating: Baseboard; Hot Water; Oil; Radiant Laundry Features: Washer Hookup Listing Terms: Lease Option Lot Features: City Lot Owner Pays: Insurance; Oil; Sewer; Taxes; Water; Other Parking Features: Driveway Patio And Porch Features: Deck; Enclosed; Patio Roof: Asphalt; Shingle Sewer: Public Sewer Showing Considerations: Occupied Tenant Pays: Electricity Water Source: Public Showing Requirements: Appointment Only; See Remarks

Contract Information

Original List Price
325000
Listing Contract Date
2021-08-01
Property Sub Type
Duplex
Listing Agreement
Exclusive Right To Sell
Owner Name
Spiro
Owner Phone
Care L/R

Location Tax and Legal

Street Number
385
Street Name
Delaware
State
NY
Zip Code
12401
Town (Taxable)
Kingston,City

Remarks and Miscellaneous

Public Remarks
You won't believe the space this 1890’s two family offers! Each apartment has updated kitchens, two bedrooms each, high ceilings, decks and lots of windows and light. The second floor apartment has a giant walkup finished attic which would make an awesome office, art studio, family/media room, etc. Much of the original character remains in this property. Lovely rear yard, one car garage, off street and on street parking, great investment. Live in one, rent the other or convert to a giant single use homestead. Partially finished basement adds even more space. Projected rent for second floor apartment $2000 +/-, first floor $1800 +/-. . Each floor has a separate electric meter. Landlords pay heat, water/sewer, taxes, insurance, maintenance, etc. Great location close to the Hudson River, Rondout waterfront, boating, Kingston Point Beach, Rotary Park, fine restaurants, galleries, music venues, trails and more. Tennis and basketball to enjoy at Hasbrouck Park which borders the backyard.

Status Change Information

Major Change Timestamp
2022-06-18T00:26:31Z
Major Change Type
Status Change
Status Change Timestamp
2022-08-11
Purchase Contract Date
2021-08-18
Close Date
2022-06-17
Close Price
325000
Buyer Financing
FHA
Concessions Amount
0

More Information

Book Information

Liber/Book
4223
Page
91
Section
56.35

Income and Expenses

Gross Scheduled Income
45600
Insurance Expense
3000
Monthly Income
3800
New Taxes Expense
6960
Water Expense
1700
Cap Rate
0
Net Operating Income
0
Other Income
0

Unit 1 Information

Baths Full
Yes
Square Feet
1279
Leased YN
m2m
Unit Lease Terms
m2m

Unit 2 Information

Baths Full
2
Square Feet
1279

Showing Information

Showing Instructions
showing time

Historical Information

UC Public Historical Remarks
FIPS Code: NY111, Age: 100-200, Lease Type: Month To Month, Unit2 Rent: V

Location, Tax, and Legal

General Tax
3745
School Tax
3215
Tax Annual Amount
6960
Tax Assessed Value
165556
Tax Legal Description
13,9,385 Delaware
Tax Lot
13
Tax Block
9
Zoning Description
Res
Directions
9W to Delaware Ave., property on the right, right before Hasbrouck park entrance. Parking on the street is easiest. Sign on property.

Appliances

Gas Water Heater
Yes
Range
Yes
Refrigerator
Yes

Attic Features

Finished
Yes
Permanent Stairs
Yes

Basement

Finished
Yes
Full
Yes
Other
Yes

Construction Materials

Aluminum Siding
Yes
Frame
Yes

Electric

100 Amp Service
Yes
200+ Amp Service
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Linoleum
Yes
Varies
Yes

Heating

Baseboard
Yes
Hot Water
Yes
Oil
Yes
Radiant
Yes

Laundry Features

Washer Hookup
Yes

Listing Terms

Lease Option
Yes

Lot Features

City Lot
Yes

Parking Features

Driveway
Yes

Patio And Porch Features

Deck
Yes
Enclosed
Yes
Patio
Yes

Roof

Asphalt
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Showing Considerations

Occupied
Yes

Water Source

Public
Yes

Owner Pays

Insurance
Yes
Oil
Yes
Sewer
Yes
Taxes
Yes
Water
Yes
Other
Yes

Tenant Pays

Electricity
Yes

Showing Requirements

Appointment Only
Yes
See Remarks
Yes
Listing Courtesy of Jon Hoyt Realty
Listing Agent: Margaret Bryngelson
Information deemed reliable but not guaranteed.