$1,170,000

58 St James Street Kingston, NY 12401

Beds: 0
Baths:
Sq Ft: 0
Type: Mult-Family
MLS#: 20184286
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

Uptown Kingston two property portfolio being offered together, fist property is located at 58 St. James St SBL# 56.92-4-8 consisting of 14 apartments in the main building and then 3 apartments and a 1 car garage in the detached carriage house. This equals a total of 17 apartments at this property with off street parking, owner pays all utilities, tenants just pay rent. The second property is located right around the corner at 194 Clinton Ave. SBL# 56.92-1-30 consisting of 4 apartments, owner pays the heat and hot water, tenants pay their own electric. Both buildings are in good condition. Buildings can be sold together as a package or separately. Please see associated doc's for full income and expense sheet. Rents on both properties are well below market rates, current cap rate is +/- 6.53% including all expenses, maintenance and a 3% vacancy. At market rents (in the buildings current condition) cap rate would be +/- 9.17% including all expenses, maintenance and a 3% vacancy rate. There is a newer roof on the main building at 58 St James St., Directions From Uptown Kingston take Clinton Ave to Left on St. James St, building on Right blue awning

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DescriptionInterior & Exterior Features

Interior Features Include:

RANGE, REFRIGERATOR
Fireplaces BRICK, SMOKE DETECTOR, CARBON MONIXIDE DETECTOR, 9 FT CEILINGS

Heating:
Fuel NATURAL GAS, HOT WATER, RADIATORS

Floor Type: CARPET, CERAMIC, HARDWOOD, VINYL

Basement:
FINISHED,FULL,INTERIOR ACCESS,UNFINISHED


Exterior Features Include:

PARTIAL FENCED, LANDSCAPED
Porch OPEN

Acreage: 0.3300 Acres

Lot:
Dimensions 70 x 185, LANDSCAPED, LEVEL

Roof: ASPH SHINGLE

Exterior: FRAME/STICK
Siding ALUMINUM, WOOD

Garage/Parking:
Type 0

Garage Capacity: 1

Other Features Include:

Amenities: GARDEN AREA, PLAY AREA, BUS ROUTE

Water: MUNICIPAL

Sewer: MUNICIPAL


Existing Structures ADDITIONAL GARAGE, OTHER/SEE REMARKS
Plumbing MIXED


School District: KINGSTONCONSOLD

This Listing is Presented By
522

River Realty Services Inc.

River Realty Services Inc.

Work: 845 564 2800119

Fax: (845) 564-0700

Email: showings@riverrealty.com

      
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