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230 Downs Street, 
Kingston, NY 12401

$315,000


2

Beds


Bath


1,386

Sq Ft


Multi-Family

Active

Listed by

Dara Barr

Keller Williams Upstate Ny Pro

607-431-2540

Last updated:

November 22, 2025, 05:16 PM

MLS#

20255496

Source:

NY MLSUC

About This Home

230 Downs Street

230 Downs: Your chance for an easy and affordable opportunity. A two unit, well priced apartment building in Kingston's midtown provides the perfect option for building an investment portfolio or to begin the house hacking dream: live in one unit and rent the other... Estimated Cap rate at list price is approx 9.4 making this a no brainer deal to snatch up fast... For those wanting a single family.... you can easily convert this back to that or, just move on in and have two kitchens to feast with. Each unit is 1BR 1BA (shower/tub combo in both) with some original hardwood flooring. The downstairs unit has charming built ins reminiscent of this original 1920's architecture. A corner lot with private parking/driveway in addition to abundant street parking makes this an easy location for renting. The covered front porch is perfect for morning coffee .The downstairs unit can be accessed through the front porch hallway entry, or a private back entrance off the driveway with it's own sunroom. Full basement with interior and side yard access for shared laundry (new machines). Upstairs unit has access to walk up unfinished attic for storage. Each unit has it's own electric meter. Landlord currently pays for gas for the brand new efficient furnace with smart thermostat (but a conversion to minisplits would put that expense into the tenants column). Roof approx 5+ years old. Double pane windows. Currently solely owner occupied, and delivered vacant for the next owner. Market rents are ~1,500-1,550 for top unit, 1,650-1,750 for bottom unit. Clearly time to leap!

Home Facts

Multi-Family

2 Bedrooms

Built in 1924

Price Summary

315,000

$227 per Sq. Ft.

MLS #:

20255496

Last Updated:

November 22, 2025, 05:16 PM

Added:

20 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Interior

Living Area:

1,386 Sq. Ft.


Structure

Structure

Building Area:

1,386 Sq. Ft.

Year Built:

1924


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$315,000

Price per Sq. Ft:

$227 per Sq. Ft.

Source:NY MLSUC
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.