79-83 Green ST Active

Kingston,NY 12401

$ 1795000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY816701

Originating Board onekey2

Rental Info No

Year Built 1945

Annual Tax Amount $35,952

Lot Size 10,624 Sqft

Acres 0.2439

Property Sub-Type Multi Family

Property Description

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.

Location

Province NY

County Ulster County

Interior

Heating Other

Cooling None

Fireplace No

Appliance Microwave,Refrigerator

Exterior

Utilities Available See Remarks

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Contact Agent

Middle Schools J Watson Bailey Middle School

High Schools Kingston High School

School District Kingston

Others

Special Listing Condition None

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