Apartments For Sale
4,055 Sq Ft
Solid 6 unit apartment building located in a good rental area and walking distance to shopping and restaurants. Building has undergone renovations in recent years including replacement windows, new kitchens and updated baths. Owner pays the heat and hot water, tenants pay their own electric and cooking gas. Units are in very good condition, some have hard wood floors and balcony's. Cap rate at asking price is 11% including all expenses, maintenance and a 3% vacancy rate. Full basement is dry and accessible. Motivated seller.
Kingston is located 90 miles north of NYC and 60 miles south of Albany in the Catskill Region of the Mid Hudson Valley.