279 Clinton Ave $555,000

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    279 Clinton Ave Kingston, NY 12401

    Sold
    SOLD 3/20/2020

    $555,000

    • 0 Beds
    • 7 Baths
    • Multi-Family
    • MLS# 20194450
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    Views: 36

    Property Details

    Solid 7 unit apartment building located in Uptown Kingston.  Apartments are all in good condition with very good paying tenant base.  Electric service was updated in 2010, Roof in 2013, Paved parking lot in 2016 and fresh scrape and exterior paint job in 2019.  Net operating income is $51,680 a year factoring in all expenses including a 3% vacancy rate and a 5% repair and maintenance rate, 8.69% cap rate at asking price.  There is a large parking lot in the back of the building offering 10 parking spaces or more, very unusual for Uptown Kingston.  Please see associated doc's for full income and expense sheet and additional info.  Four apartments have their own exterior entrances, three have access from the main hallway.   Basement is accessible from the main hallway, natural gas forced air heat and gas hot water heater.  Owner pays all  utilities, tenants pay just rent.

    • General Features
      • Age 100-200
      • AMENITIES OTHER/SEE REMARKS,PUBLIC TRANSPORTATION,BUS ROUTE
      • Annual Expenses 41210
      • Annual Income 92892
      • Area Town KINGSTON,CITY
      • Foreclosure No
      • General Taxes 6384
      • Owner Pays ALL UTILITIES
      • 1 ALL UTILITIES
      • School Tax 9837
      • Sewer MUNICIPAL
      • Short Sale No
      • Tenant Pays RENT ONLY
      • 1 RENT ONLY
      • Type Multi-Unit
      • Year Built 1900
    • Building Features
      • APPLIANCES RANGE,REFRIGERATOR
      • BASEMENT FULL,PARTIAL,INTERIOR ACCESS,UNFINISHED
      • Construction FRAME/STICK
      • ELECTRICITY 200
      • FLOORS CARPET,HARDWOOD,VINYL
      • Fuel 9475
      • GARAGE PARKING EXTRAS DRIVEWAY,LOT-PAVED,OFF STREET,OTHER/SEE REMARKS
      • Garage Type None
      • HEAT SOURCE FORCED AIR
      • HEATING FUEL NATURAL GAS
      • HOT WATER GAS
      • INTERIOR FEATURES SMOKE DETECTOR,CARBON MONIXIDE DETECTOR
      • Number of Units 7
      • PLUMBING MIXED
      • Roof ASPH SHINGLE
      • SIDING WOOD
      • 1 1
      • 1 1
      • 1 960
      • 2 1
      • 2 2
      • 2 1250
      • 3 1
      • 3 1
      • 3 985
      • 4 1
      • 4 0
      • 4 900
    • Property Features
      • DRIVEWAY BLACKTOP
      • Garage Capacity None
      • Lot Dimensions 66X132
      • LOT FEATURES LEVEL,PARKING LOT
      • LOT SITE CITY
      • Number of Acres 0.2
      • 1 MUNICIPAL
    • Schools
      • Elementary School 4
      • 1 4
      • School District KINGSTONCONSOLD
      • School District1 KINGSTONCONSOLD

    Neighborhood

    12401 (Kingston) Demographics

    41 Median Age
    593 Population Density (per sq. mile)
    35% College Educated
    $48,058 Estimated Median Income
    7,789 Estimated Total Home Owners
    6,307 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,661 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $238,500 Median Sales Price
    8 Homes Sold
    88 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        3/20/2020 3:00:00 AM Sold Source New Value: $555,000
        The data relating to real estate on this website comes in part from the IDX program of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Nutshell are marked with the IDX logo and detailed information about them includes the name of the listing broker. 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2020 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.