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INVESTMENT with 7.5% CAP return on your money, just collect the rents on this well established and well maintained 4 unit "RED BARN" mini mall with long term leases!! The laundromat an Deli have been there since the 1997. The Spa/Salon and barber shop in the middle are 2 more recent leases.Located at corner across from Credit Union and Stewarts near Major retail businesses and Malls just off 9W! Excellent INVESTMENT PROPERTY .possible owner financing to well qualified buyer.Owner pays taxes and insurance,outside electric.(see "DOCS" for financials)

More Info

Basic Information

  • Acreage1.05
  • Business NameRED BARN
  • Lfd ConditionVERY GOOD
  • Lfd WaterMUNICIPAL
  • List Price$998,000
  • MLS Number20170142
  • Property TypeMixed Use
  • SewerMUNICIPAL
  • Square Feet6,025
  • Year Built1972

Other

  • ElectricitySINGLE PHASE, THREE PHASE
  • Lot21.2
  • Lot Dimensions290 x 158
  • Lot FeaturesCORNER LOT, LEVEL, PARKING LOT
  • Owner PaysTAXES
  • StatusACT
  • Tennant PaysALL UTILITIES
  • View Count19

Location

  • Address1126-1132 MORTON Boulevard
  • Area TownULSTER-Town of
  • Building Number1126-1132
  • High School DistrictKINGSTONCONSOLD
  • StateNY
  • StreetMORTON
  • Street DesignationBoulevard
  • TownKingston
  • ZoneCom

Building

  • BasementNONE
  • ConstructionFRAME/STICK
  • Garage Parking ExtrasLOT-PAVED, OFF STREET, Parking Spaces 20+

Property

  • Current Business TypeBARBER/BEAUTY, DELI/SANDWICH SHOP, LAUNDROMAT

Utilities

  • Heat SourceFORCED AIR, RADIANT
  • Heating FuelNATURAL GAS
  • Hot WaterGAS

Kingston, NY Demographics

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Kingston, NY Real Estate Market Data

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Kingston, NY Schools

School NameDistanceTypeGrades

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Listed by Frank Simpson, Win Morrison Realty

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