KINGSTON,CITY
Kingston, NY 12401
$2,500,000
- MLS ID: 20240634
- Remarks: This is your opportunity to invest in a 22-unit multi-family property in the Heart of Uptown Kingston. This income-producing building includes a combination of 1-bedroom, Studio, and Room Rentals with a Cap Rate exceeding 9%. Recent renovations include new flooring, Kitchenettes, Bathrooms, and Common areas. The building is comprised of 4 living levels, and there is a shared coin-operated laundry facility on the finished lower level. The exterior of the building is all brick offering low maintenance. This is an easy management building, tenants pay rent, and the owner supplies all the utilities. Small Rental units in Kingston are extremely desirable, the units are always rented with a very low vacancy. Approximately half of the units are single room occupancy with shared bathrooms.
- Listing Category: Multi-family
- Status Category: Active
- Zone: T5n
- Acreage: 0.24
- Year built: 1945
- Age: 61-100
- Number of Units: 22
EXTERIOR FEATURES
- Lot Dimensions: 85 X 125
- Lot: 14
LOCATION DETAILS
- Area/Town: Kingston, City
- School District: Kingston Consolidated
- County: Ulster County
- Directions: From Nys Thruway Traffic Circle Head South On Washington Avenue To Left Onto Lucas Avenue; Turn Right Onto Green Street To Main Street; Property Is On Corner Of Green And Main Streets.
LISTED BY
- Office Name: Berardi Realty
- Office 2 Name: Berardi Realty
- Agent First Name: Amy
- Agent Last Name: Hawks
- Agent 2 First Name: Gregory
- Agent 2 Last Name: Berardi
View on map / Neighborhood
This Ulster County property is located in Kingston and has been listed on Grist Mill Real Estate. This property is listed at $2,500,000. It has bedrooms, and is in area. The property was built in 1945.