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Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6095197
Year Built 1913
Annual Tax Amount $12,203
Property Description
Charming three-story building just two blocks from uptown Kingston's stockade district. Large rooms for conference and personal office space.Bathrooms on all three levels and a walk-up bonus attic space. in the rear of the building, there is a private lot offering up to 6 cars comfortably. Currently, two suites are occupied with the potential for 5 total rentals. 4 office suites and one residential studio. This property could also be converted to a residential home or mixed-use with proper permits. Proforma Suite 1 $1000 Suite 2 $800 Suite 3 $1000 Suite 4 $800 Studio $900 $4500 x12 $54,000 income -5% $51,300 expenses$17,508 = projected net income $33,792 6.5 cap
Location
State NY
County Ulster
Zoning Central Comm
Interior
Heating Natural Gas, Forced Air
Cooling None
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Kingston
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Bought with Non-Member MLS
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