Active

79-83 Green

Kingston NY, 12401

$2,200,000


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

May 14, 2024

Updated

Map

79-83 Green
Kingston NY, 12401

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.24 Acres

School Information

School District

Kingston Consolidated

Other Property Details

Area Name

Kingston,City


Taxes

$35,127


Tax Frequency

Annually


Garage

No


View

No


County

Ulster


Municipality

City of Kingston


Pool

No


Zoning

T5N


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/14/2024

Price Change

$2,200,000

-5%

5/14/2024

Price Change

$2,300,000

-8%

Listed by Amy Hawks with Berardi Realty
Listing Contact:  

The IDX display contains information sourced from the Hudson Valley Catskill Region MLS as of 5/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Hudson Valley Catskill Region MLS all rights reserved.

Data last updated on 5/14/2024 at 11:39 PM UTC

 

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