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.
The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real Estate Listings held by brokerage firms other than Potter Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker. Copyright © 2022 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Updated: 28th May, 2023 6:50 AM (UTC)
Listing Office: BHHS HUDSON VALLEY PROP-KING