79 & 83 Franklin Street Kingston, NY ^$ 1,200,000

79 & 83 Franklin Street

^$ 1,200,000

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79 & 83 Franklin Street

Kingston, NY, 12401

^$ 1,200,000

Studio Baths12.0

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Studio

Property for Rent in Kingston, NY

for $1,200,000 with 12 full baths. This property was built in 1950 on a lot size of 0.24.

Two adjacent multi-unit buildings (total 12 units) in upper mid-town Kingston with great cash flow and several repairs/updates. Tenants pay their own utilities. There is a blue 4 unit building (#83), and an 8 unit building (#79) on almost a quarter of an acre total. This offering is for two separate buildings, each on its own parcel. Located right by the Kingston Library, and just a few blocks from the popular uptown Kingston area. Serious money-maker for a wise investor!

Rental Pending

Price

^$ 1,200,000

Bedrooms

Studio

Full Bath

Taxes

^$ 29,088

Style

Multi Family

Lot Size

0.24

Year Built

1950

Town/City

Kingston

County/Region

Ulster

MLS | Web ID

20233463

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Appliances Refrigerator Oven

Zoning R2

Garage Spaces 0.0

Year Built 1950

Tenant Pays All Utilities

Township City of Kingston

Property SubType Multi Family

County Ulster

Net Operating Income 129000.0

Insurance Expense 516.0

New Construction N

Property Type Residential Income

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Pending

City Kingston

Buyer Agent Compensation 2.50

View Y/N N

Senior Community Y/N N

High School District Kingston Consolidated

Total Units 12

MLS Area Kingston City

Lot Size Square Feet 10236.6

Waterfront Y/N N

Carport Y/N N

Street Name Franklin

Tax Annual Amount 29088.0

Electric Expense 270.0

Home Warranty Y/N N

Trash Expense 145.0

Lease Renewal Y/N N

MLS Area Minor Kingston City

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Pending

Tax Assessed Value 875410

Tax Lot 35 & 36

Taxes 2423.0

Cap Rate 11.0

Buyer Agent Compensation Type %

Legal Description 35 & 36 3 79 & 83 Franklin

Interior

Basement Full Unfinished

Flooring Carpet Linoleum

Basement (Y/N) N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Total Baths 12

Exterior

Lot Features Level

Water Source Public

Lot Size Area 0.24

Spa N

Lot Dimensions 105x100

Lot Size Acres 0.24

Lot Size Units Acres

Open Parking Y/N N

Internal Only

Street Number 1 7983

* Excluded Features

List By

Christine Chapman

Listing Agent

Chapman Realty Of The Hudson V

Broker

christine@chapmanrealtyhv.com

Nearby

Trends
Schools

About Kingston, NY

34,972 Population

-1% Since 2002

^$49,625 Median Income

42.94 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2616194 Elementary School

2616204 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2023	$1,200,000		Listed Price

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79 & 83 Franklin Street, Kingston, NY, 12401 is a Property for Rent at $1,200,000 with a lot size of 0.24. 79 & 83 Franklin Street is a studio with 12.0 baths and was built in 1950. The property's zip code is 12401 which is in Kingston, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

The data relating to real estate on this web site comes in part from the IDX of the Multiple Listing service of Ulster County, Inc. Real estate listings held by brokerage firms other that Weichert Realtors are marked with IDX logo and the detailed information about them includes the name of the listing broker.

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79 & 83 Franklin Street

Property for Rent in Kingston, NY

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