Active

79-83 Green

Kingston NY, 12401

$2,500,000


Active

Multi-family

Built in 1945

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.

20240634

MLS ID

March 17, 2024

Listed

April 16, 2024

Updated

Map

79-83 Green
Kingston NY, 12401

Interior Features

Total Stories

0


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.24 Acres

Other Property Details

Area Name

KINGSTON,CITY


Taxes

$35,127


Tax Frequency

Annually


Days on Market

30


Garage

No


View

No


County

Ulster County


Municipality

City of Kingston


Pool

No


Waterfront

Yes


Zoning

T5N

 

Courtesy of Berardi Realty, Amy Hawks

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joseph Satto Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:40 PM UTC, 4/16/2024

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