Kingston · Rondout · Active · Two-family

18–20 Wurts Hollow Street

$799,000

2 units (3 bd + 2 bd) · 2 ba · 2,400 sq ft · Built 1900

Two-story Victorian two-family house with two front doors, a shared porch and decorative trim — Two front doors: 18 on the left (lower unit), 20 on the right (stairs to the upper unit).

Upper-unit living room with a bay window, tall ceilings and painted wood trim — The upper unit's front room with its bay window.

The Rondout waterfront in Kingston with the lighthouse at the mouth of the creek — The Rondout waterfront is two blocks downhill.

Two homes, one roof, two blocks from the water

18–20 Wurts Hollow Street is a two-family Victorian built around 1900, when the Rondout was still a busy canal port and the houses on the hill above the creek were filled with the people who worked the boats and the cement and brick yards. It has the details of that era: a shared front porch with turned posts, bracketed cornices, tall two-over-two windows, and two front doors, side by side, which is how you can always tell a two-family on these streets.

The lower unit, number 18, is the larger: three bedrooms, about 1,350 square feet, with the original pocket doors between the parlor and dining room, a kitchen updated in 2019 and access to the back yard. The upper unit, number 20, is two bedrooms, about 1,050 square feet, reached by its own front stair, with a bay window in the front room, a skylit kitchen and a view down the street to the creek. Each unit has one full bath, its own gas boiler and its own electric meter. The owner pays water and sewer.

Both units are rented to long-term tenants. I'm not going to describe who lives there, and you shouldn't buy a building based on that anyway. What I will give you, once you request it, is the rent roll, copies of both leases, the last two years of operating expenses and the 2025 water bills.

The numbers, roughly

Current rents total $4,225 a month, or $50,700 a year. Lower unit: $2,350, lease through June 2026. Upper unit: $1,875, lease through March 2026. Annual expenses the seller reports: taxes $15,320, insurance $3,380, water and sewer $1,460, common-area electric and maintenance about $2,200. That leaves net operating income of about $28,300 before any mortgage, vacancy or reserves. Rents are a little below what similar two-bedrooms in the Rondout have been leasing for this year. Leases transfer with the sale, and New York's tenant protections apply; your attorney will review them with you.

With two units, many buyers live in one and rent the other. That opens up owner-occupant financing, sometimes with a smaller down payment, and lenders will usually count part of the rent toward your income. Happy to explain how that works or introduce you to a lender who does a lot of it.

Hablo español. Con gusto le explico los números, los contratos y el proceso de compra en español.

Room by room

Unit 18 (lower): Parlor and dining room with pocket doors, kitchen (2019), three bedrooms, full bath with tub, door to the yard. About 1,350 sq ft.
Unit 20 (upper): Front room with bay window, kitchen with skylight, two bedrooms, full bath with shower (2016). About 1,050 sq ft.
Basement: Full, stone and brick, two boilers, two water heaters, shared coin-free laundry for tenants.
Yard: Small, fenced, used by the lower unit; trash enclosure.
Attic: Unfinished, storage only.

Facts

MLS #: 251759
Status: Active
Type: Multifamily, two-family Victorian
Year built: c. 1900
Interior: 2,400 sq ft total
Lot: 0.09 acres
Taxes: $15,320 (2025)
School district: The city's consolidated K–12 district
Heating: Two natural gas boilers (2015, 2021), radiators
Electric: Separate 100-amp services per unit
Water / sewer: City; owner-paid
Roof: Asphalt shingle, 2014
Parking: On-street; residential permit area
Gross rent: $50,700/year (current leases)
HOA: None

Estimated monthly cost: about $5,380 with 20% down at 6.1% (principal, interest, taxes, insurance), against current rents of $4,225. If you live in one unit, the rent from the other would cover roughly $1,875 of that.

The Rondout

The Rondout is Kingston's 19th-century waterfront, built where the creek meets the Hudson. Today it's a neighborhood of brick and frame row houses climbing the hill, with the boardwalk, a maritime museum, the lighthouse at the creek mouth, restaurants and a Sunday farmers market down on the water. Kingston Point Beach and the rail trail along the river are a short bike ride. Uptown is about ten minutes by car. Buses to Manhattan leave from the terminal in Midtown.

Request a showing or the rent roll

Information deemed reliable but not guaranteed. Rents and expenses as reported by the seller; buyer to verify.