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Listed by: Hudson Modern
$ 660,000
Est. payment /mo
New
86 Pine ST Kingston, NY 12401
6 Beds
3,025 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,025 sqft
Price per Sqft $218
MLS Listing ID 20263089
Bedrooms 6
Year Built 1920
Annual Tax Amount $12,113
Tax Year 12113
Lot Size 4,155 Sqft
Acres 0.1
Property Sub-Type Multi Family
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
A six-unit multifamily building in the heart of Kingston, one of the Hudson Valley's strongest and fastest-appreciating rental markets. Six units under one roof -- a clean, manageable footprint ideal for an owner-operator or an investor establishing a foothold in the region.
The unit mix spans two studios and four one-bedrooms, with several units currently renting well below market. For the right buyer, that gap is the opportunity: a stabilized, income-producing asset today with clear room to grow as legacy units turn over and rents reset to current Kingston levels.
Kingston continues to draw renters priced out of the metro area -- demand that has kept quality multifamily tight and well-occupied.
This is the kind of building you buy for the cash flow and hold for the upside.
Financials and full rent roll available upon request.
The unit mix spans two studios and four one-bedrooms, with several units currently renting well below market. For the right buyer, that gap is the opportunity: a stabilized, income-producing asset today with clear room to grow as legacy units turn over and rents reset to current Kingston levels.
Kingston continues to draw renters priced out of the metro area -- demand that has kept quality multifamily tight and well-occupied.
This is the kind of building you buy for the cash flow and hold for the upside.
Financials and full rent roll available upon request.
Location
State NY
County Ulster
Area Kingston, City
Zoning T4N-O
Schools
High Schools Kingston Consolidated
School District Kingston Consolidated
Others
Tax ID 56.10-3-1
NEARBY SCHOOL & BUSINESS
AFFORDABILITY CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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