Kingston, NY 12401,369 Washington AVE
$425,000
$459,000
7.4%
Est.Price: ?

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369 Washington AVE Kingston, NY 12401

Est. payment /mo
SOLD DATE : 12/02/2021

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Key Details

Sold Price $425,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6095197

Year Built 1913

Annual Tax Amount $12,203

Property Description

Charming three-story building just two blocks from uptown Kingston's stockade district. Large rooms for conference and personal office space.Bathrooms on all three levels and a walk-up bonus attic space. in the rear of the building, there is a private lot offering up to 6 cars comfortably. Currently, two suites are occupied with the potential for 5 total rentals. 4 office suites and one residential studio. This property could also be converted to a residential home or mixed-use with proper permits. Proforma Suite 1 $1000 Suite 2 $800 Suite 3 $1000 Suite 4 $800 Studio $900 $4500 x12 $54,000 income -5% $51,300 expenses$17,508 = projected net income $33,792 6.5 cap

Location

State NY

County Ulster

Zoning Central Comm

Interior

Heating Natural Gas, Forced Air

Cooling None

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

School District Kingston

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Listed by Murphy Realty Group • 845-338-5252
Bought with Non-Member MLS

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