138-140 Saint James ST new Save Request In-Person Tour Request Virtual Tour
Kingston,NY 12401
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 865726
Style Other
Bedrooms 4
Full Baths 4
Rental Info No
Year Built 1920
Annual Tax Amount $12,308
Lot Size 2,901 Sqft
Acres 0.0666
Property Sub-Type Quadruplex
Source onekey2
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 County
Rooms
Basement Full,Storage Space,Unfinished
Interior
Interior Features Eat-in Kitchen,Natural Woodwork
Heating Baseboard,Natural Gas
Cooling None
Flooring Carpet,Ceramic Tile,Combination,Tile,Vinyl,Wood
Fireplace No
Exterior
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame,Vinyl Siding
Schools
Elementary Schools Contact Agent
Middle Schools J Watson Bailey Middle School
High Schools Kingston High School
Others
Senior Community No
Special Listing Condition None