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Listed by Ashton Brodhead-Trimm, BHHS HUDSON VALLEY PROP-KING
Calling all investors, the money maker you've been looking for is finally here. A recently renovated, fully rented mix use building with high traffic visibility in the heart of the city of Kingston.Cap rate currently 8%. Towards the front of the building is a two bedroom apartment with its own entrance. You will be amazed with the spacious living room and the small office area that is attached. Also, this apartment features a beautiful kitchen with plenty counter space and a spacious bathroom. You'll never have to worry about the cold winter nights and warm summer days because this apartment has the mini split system. The back apartment has its own entrance. As you walk up the stairs, you'll enter this apartment and see the open concept between the living room and kitchen. There is one bedroom and a den for extra storage space. The bathroom is a tiled stand up shower. The ground level features an approx. 2600 sqft of store space.The mini split system provides adequate warmth and cooling for the different seasons. The attached garage has an abundance of space with LED commercial lighting. Parking will not be a problem. Included in the sale is 438 Albany Ave, which is used for additional parking. All Utilities are separate. Meters and risers have been upgraded. The roof is less than 4 years old and electric water heaters are all fairly new .Property is in close proximity to uptown Kingston, shopping areas, and the New York State thruway. With all the possibilities, take a trip down Albany Ave and come take a look at 432.
More Info
Basic Information
- Acreage0.17
- List Price$615,000
- MLS Number20230900
- MlsStatusACTIVE
- Property TypeMulti-Unit
- SewerMUNICIPAL
- StyleOTHER
- TermsCASH PREFERRED, TO QUAL. BUYER
- Units3
- Year Built1955
Amenities
- Other AmenitiesBasement, Fireplace
Water Body
- Lfd WaterMUNICIPAL
Legal
- ForeclosureNo
- General Tax$5,738
- School Tax$10,085
- Total Taxes15756
Location
- Address432 Albany Avenue
- Area TownKINGSTON, CITY
- Building Number432
- High School DistrictKINGSTONCONSOLD
- StateNY
- StreetAlbany
- TownKingston
- Zip12401
- ZoneC-3 General Com
Interior
- AmenitiesPUBLIC TRANSPORTATION, BUS ROUTE
- FloorsCARPET, CERAMIC, CONCRETE, LINOLEUM
- Unit 1 Baths1
- Unit 1 Bedrooms2
- Unit 2 Baths1
- Unit 2 Bedrooms1
- Unit 3 Baths1
Building
- AtticST/CR
- BasementUNFINISHED
- ConstructionFRAME/STICK
- Garage Capacity1
- Garage Parking ExtrasLOT, LOT-PAVED, 1 CAR
- Garage TypeGarage Attached
- RoofASPH SHINGLE
- SidingVINYL, HARDIPLANK
- Unit 1 Rent1600
Utilities
- Cooling Air ConditioningDUCTLESS SPLIT AC UNITS
- Heat SourceDUCTLESS MINI SPLIT SYS
- Hot WaterELECTRIC
Other
- AppliancesEXHAUST FAN, RANGE, REFRIGERATOR
- Electricity100 AMPS, 200 AMPS
- Lot50
- Lot Dimensions0.17
- Lot FeaturesADDITIONAL LAND AVAILABLE
- Lot SiteCITY
- PlumbingMIXED
- Short SaleNo
- View Count7
20230900
Kingston, NY Demographics
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20230900
Kingston, NY Real Estate Market Data
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20230900
Kingston, NY Schools
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