58 St. James Street $1,695,000

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    58 St. James Street Kingston, NY 12401

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 20221453
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    Views: 116 Days On Site: 202

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    Property Details

    Cap rate at asking price is 9.63%. Loan is assumable at 4%. Uptown Kingston 17 unit apartment complex consisting of a main building with 14 apartments, then a detached carriage house with 3 apartments and a 1 car garage. Owner pays for all utilities in both buildings, main building has a natural gas boiler and gas hot water, carriage house has a forced air natural gas furnace and a gas hot water heater. Almost all units have been renovated/updated in the last few years, all hard wood flooring, some exposed and some under carpeting/other flooring. Building overall has undergone many improvements in the last few years from interior to exterior renovations. Location is very very desirable, walk to Uptown Kingston shops, restaurants, business and more. All tenants are very well qualified and up to date on the rent, Cap rate at asking price is 9.63%. Buyers agent to confirm expenses.

    • General Features
      • Age 100-200
      • AMENITIES GARDEN AREA,PLAY AREA,BUS ROUTE
      • Annual Expenses 61197
      • Annual Income 218700
      • Area Town KINGSTON,CITY
      • Foreclosure No
      • General Taxes 9703
      • Owner Pays ALL UTILITIES
      • OWNER PAYS1 ALL UTILITIES,ELECTRIC,GAS,INSURANCE,MAINTENANCE,REPAIRS,SEWER,TAXES,TRASH,WATER
      • School Tax 16169
      • Sewer MUNICIPAL
      • Short Sale No
      • Tenant Pays RENT ONLY
      • TENANT PAYS1 RENT ONLY
      • Type Multi-Unit
      • Year Built 1915
    • Building Features
      • APPLIANCES RANGE,REFRIGERATOR
      • ATTIC FINISHED,STAND UP,WALK UP
      • BASEMENT FINISHED,FULL,OTHER/SEE REMARKS,INTERIOR ACCESS,WALKOUT,CONCRETE FLOOR
      • Construction FRAME/STICK
      • ELECTRICITY 200 AMPS
      • EXTERIOR FEATURES PARTIAL FENCED,LANDSCAPED,OUTSIDE LIGHTING
      • Fireplace Description BRICK, OTHER/SEE REMARKS, STONE
      • FIREPLACE LOCATION LIVING ROOM
      • FLOORS CARPET,CERAMIC,HARDWOOD,VINYL
      • Fuel 0
      • GARAGE PARKING EXTRAS DRIVEWAY,LOT-PAVED,OFF STREET
      • Garage Type Garage Detached
      • HEAT SOURCE FORCED AIR,HOT WATER
      • HEATING FUEL NATURAL GAS
      • HOT WATER GAS
      • INTERIOR FEATURES SMOKE DETECTOR,CARBON MONIXIDE DETECTOR,STORM WINDOWS,INTERCOM
      • MISCELLANEOUS FEATURES CEILING-VAULTED
      • Number of Units 17
      • OTHER ROOMS OTHER/SEE REMARKS
      • PLUMBING MIXED
      • Porch DECK, OPEN
      • Roof ASPH SHINGLE
      • SIDING WOOD
    • Property Features
      • DRIVEWAY BLACKTOP
      • Garage Capacity One
      • Lot Dimensions 70x185
      • LOT FEATURES LANDSCAPED,LEVEL
      • LOT SITE CITY
      • Number of Acres 0.29
      • WATER1 MUNICIPAL
    • Schools
      • Elementary School G.WASHINGTON K-4
      • Elementary School1 G.WASHINGTON K-4
      • School District KINGSTONCONSOLD
      • School District1 KINGSTONCONSOLD

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    Neighborhood

    12401 (Kingston) Demographics

    40 Median Age
    582 Population Density (per sq. mile)
    37% College Educated
    $57,830 Estimated Median Income
    7,696 Estimated Total Home Owners
    6,573 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,800 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $386,500 Median Sales Price
    25 Homes Sold
    34 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,695,000
        12/4/2022 10:02:38 AM Status Changed Source: Multiple Listing Service New Value: Pending
        11/16/2022 10:32:44 AM Status Changed Source: Multiple Listing Service New Value: Active
        10/28/2022 2:17:54 PM Status Changed Source: Multiple Listing Service New Value: Pending
        10/4/2022 10:32:47 AM Price Reduced Source: Multiple Listing Service New Value: $1,695,000 -5.57%
        9/19/2022 10:32:45 AM Price Reduced Source: Multiple Listing Service New Value: $1,795,000 -4.27%
        8/26/2022 11:47:52 AM Price Reduced Source: Multiple Listing Service New Value: $1,875,000 -1.06%
        7/11/2022 12:32:42 PM Price Reduced Source: Multiple Listing Service New Value: $1,895,000 -4.05%
        6/8/2022 1:47:49 PM Price Reduced Source: Multiple Listing Service New Value: $1,975,000 -1.25%
        5/20/2022 3:33:00 PM New in Database Source: Multiple Listing Service New Value: $2,000,000

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        MLS LogoThe 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 Realty 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. © 2022 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.