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296 Main Street

Kingston NY 12401

4
4
0.21 ac.
Multi-Family
Currently for sale - view listing

Overview

Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Caprate based on current rate is 5.8, rents are under market value and could easily be increased, improving the cap rate to at least 7.2%.

Features

4 bedrooms
4 bathrooms
0.21 ac. lot size
Multi-Family

Happy sellers in Kingston

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We have insufficient information to provide an overview of customer satisfaction for Kingston. Viewing the agent profiles, reviews and sales for Kingston can provide insights for this location.

Local market activity for 4 bedroom multi families in Kingston

In the last 12 months, 6 four-bedroom multi families similar to 296 Main Street, have been sold.

This represents a 50% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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(619) 566-0008
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