73 W Pierpont St, Kingston, NY 12401

Great Downtown Kingston 2-family home. First and second floor apartments, both 2 bedrooms and one bath each. Both apartments pay their own heat (natural gas boilers), hot water (natural gas) and electric (two meters). Both apartments are in nice condition with hard wood floors. Windows have been replaced in the last 5 years. There off street parking for two vehicles and a 1 car detached garage. Walk to the waterfront, restaurants and shopping. Net operating income calculates a 5% vacancy rate and a 5% repair/maintenance rate. Rents are way below market, market rents would be $1,000 per unit.