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