Listed by Duane Postupack, Postupack Valuation Inc
MIXED USE BUILDING IN UPTOWN KINGSTON. FIRST FLOOR OFFICE SPACE/SUITES. SECOND FLOOR 2-1 BEDROOM APARTMENTS. THIRD FLOOR 1-1 BEDROOM APARTMENT. FIRST FLOOR OFFICE SPACE ALL RENOVATED. SECOND FLOOR INCLUDES CONVERTED AND RENOVATED OFFICE SPACE TO 2 SEPARATE ONE BEDROOM APARTMENTS. OWNER PAYS FOR HEAT, HOT WATER, WATER/SEWER AND ELECTRIC ON FIRST FLOOR. TENANTS PAY CABLE. SECOND FLOOR AND THIRD FLOOR OWNER PAYS FOR HEAT, HOT WATER, AND WATER/SEWER. TENANTS PAY FOR ELECTRIC AND CABLE. APARTMENT TENANTS ON ONE YEAR LEASES. THE ANNUAL INCOME ESTIMATE IS $96,120 - 4,806 (5% VACANCY) = $91,314.
