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Listed by: Howard Hanna Rand Realty

$ 650,000

Est. payment -/mo

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Pending

138-140 St. James ST Kingston, NY 12401

1 Bed

1 Bath

4,195 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,195 sqft

Price per Sqft $154

MLS Listing ID 20251530

Style Traditional

Bedrooms 1

HOA Y/N No

Year Built 1920

Annual Tax Amount $12,307

Tax Year 12307

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 42 x 70

Property Sub-Type Multi Family

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

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

Rooms

Basement Concrete, Exterior Entry, Full, Storage Space, Unfinished

Interior

Interior Features Eat-in Kitchen, Laminate Counters, Natural Woodwork

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

Porch Covered, Front Porch

Garage No

Building

Story 3

Foundation Block, Pillar/Post/Pier

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Schools

Elementary Schools G.Washington K-4

High Schools Kingston Consolidated

School District Kingston Consolidated

Others

Senior Community No

Tax ID 080005609100040130000000

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

AFFORDABILITY CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

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Zev Eisenberg

Founder, Agent

+1(845) 622-5660