Calling all investors, the money maker you've been looking for is finally here. A recently renovated, fully rented mix use building with high traffic visibility in the heart of the city of Kingston.Towards the front of the building is a two bedroom apartment approx 700 sqft with its own entrance. You will be amazed with the spacious living room and the small office area that is attached. Also, this apartment features a beautiful kitchen with plenty counter space and a spacious bathroom. You'll never have to worry about the cold winter nights and warm summer days because this apartment has the mini split system. The back apartment approx 500 sqft has its own entrance. As you walk up the stairs, you'll enter this apartment and see the open concept between the living room and kitchen. There is one bedroom and a den for extra storage space. The bathroom is a tiled stand up shower. The ground level features an approx. 2600 sqft of store space. The mini split system provides adequate warmth and cooling for the different seasons. The attached garage has an abundance of space with LED commercial lighting. Parking will not be a problem. Included in the sale is 438 Albany Ave, which is a nice lot that can be used for additional parking, or developers imagination. All Utilities are separate. Meters and risers have been upgraded. The roof is less than 4 years old and electric water heaters are all fairly new . Basement is unfinished.Property is in close proximity to uptown Kingston, shopping areas, and the New York State thruway. Potential 8% cap rate.With all the possibilities, take a trip down Albany Ave and come take a look at 432.
Listing Courtesy of BHHS HUDSON VALLEY PROP-KING, Ulster County Board-Realtors
Copyright 2016 Mid-Hudson Multiple Listing Service, Inc.
All rights reserved. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.
The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Heather Croner Real Estate Sotheby’s International Realty. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.
Heather Croner Real Estate Sotheby’s International Realty commitment to fair housing laws, standard operating procedures, and reasonable accommodations.
Sotheby's International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.Heather Croner Real Estate Sotheby’s International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.