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Multi Family 5+ in Ulster
MLS Number6307009
Address79 Green Street, Kingston, NY 12401 show map
Price$2,050,000 show mortgage calculator
Acres0.24389348025712
Year Built1945
Est. Sq. Footage8186
Elementary SchoolGeorge Washington Elementary School
Jr High-Middle SchoolM Clifford Miller Middle School
High SchoolKingston High School
Estimated Taxes$12,488
Total Apt Units22
# 1 Brs22
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 10%. 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.

Amenities

This listing is Courtesy of Berardi Realty ((845) 201-1111).

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