138-140 St. James ST new Save Request In-Person Tour Request Virtual Tour
Kingston,NY 12401
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,195 sqft
Price per Sqft $154
MLS Listing ID 20251530
Style Traditional
Bedrooms 1
Year Built 1920
Annual Tax Amount $12,307
Tax Year 12307
Lot Size 3,049 Sqft
Property Sub-Type Multi Family
Property Description
This uptown 4-family house, c.1920 is located within walking distance of the Stockade District and all it has to offer - shops, restaurants, services, cultural attractions, a weekly farmer's market, and more. Well-maintained and taken care of, this property presents a great opportunity for a Buyer who wants to live in the building and offset monthly mortgage payments, or strictly as an investment property with a great cap rate. The building includes four 1+ bedroom apartments (second room suitable for office space or fold-out sofa) with the same footprint in each unit. The two 2nd floor units also have walk-up attic space suitable for storage only. Unfinished basement is clean and offers owner much more additional storage should they wish. All heating and electrical in good working order.
Rents are below market value. 1 upper unit currently vacant. Leases are currently month to month with current tenants automatically renewed annually - 1 in April, 1 in May, and 1 in June.
24 hour notice required for all showings. 138 Upper unit is vacant and can be shown on 1st showing, along with basement. All other unit showings must be scheduled after 1st showing to allow advance coordination with tenants. Current owner willing to hold paper based on review of Buyers financials.
Location
State NY
County Ulster
Area Kingston,City
Zoning T4N-O
Interior
Heating Baseboard,Natural Gas
Cooling None
Flooring Carpet,Ceramic Tile,Combination,Tile,Vinyl,Wood
Laundry None
Exterior
Exterior Feature Smart Light(s)
Fence None
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Asphalt,Shingle
Building
Story 3
Foundation Block,Pillar/Post/Pier
Sewer Public Sewer
Water Public
Schools
Elementary Schools G.Washington K-4
High Schools Kingston Consolidated
School District Kingston Consolidated
Others
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry