144 Downs Street

Description

Centrally located 2-family home is about 1 mile from both Uptown Kingston and the Downtown waterfront. The home boasts two large apartments, each one has 2-bedrooms. The first-floor apartment is about 1,200 square feet with a new back deck, it also has use of the partially finished basement (great for storage). The second-floor apartment (2-floor apartment) measuring about 1,700 square feet is in the final stages of renovation and will be completed by September 15th. This unit also has a back stairwell leading to a new back deck, a list of completed items is attached to the associated docs. The home has a full basement, half is finished for great dry storage and the rest is a dry utility area with a washer and dryer hookup. The home is in very nice overall condition, the roof (+/-8 years old), siding, and windows look like they may have been replaced in the last +/- 10 years. There is a partial sprinkler system in the building, great not just for safety but for lower building insurance. See the associated docs for all additional info and the projected income and expenses sheet. The owner also owns the adjacent single family (140 Downs St) it's 3 bedrooms and 1 bath asking $289,900 and will be also separately listed. Listing agent is the owner

Extras: Second floor apartment will be left vacant once completed although the fair market rent would be +/- $1,900 a month. The fist floor occupied aparment is rented to an excellent longer term tenant Month to Month for $1,000 althoguh fair market rent would b