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2886 State Route 32
Kingston, NY 12401
Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 8.80 AC
Building Size 6,720 SF
No. Stories 3
Year Built 1970
Zoning 31

ABOUT 2886 STATE ROUTE 32 , KINGSTON, NY 12401

Incredible investment.. This is a unique property consisting of a 4 family and a Single family home on 8.8 acres. The cap rate on the multi has been figured based on subtracting the single families value and focusing on the 4 family investment property the cap rate would be 8% based on the value given to the 4 family. This property does lend itself to be a complete rental/income opportunity by renting the Single Family as well. Highest and best use would be to live in the single family while renting the 4 family (currently fully occupied with long term tenants) In addition to this you have extra acreage! .

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
515400 56.17-2-15
Land Assessment
$59,800
Improvements Assessment
$220,200
Total Assessment
$280,000
  • Listing ID: 4835801

  • Date on Market: 11/7/2016

  • Last Updated:

  • Address: 2886 State Route 32, Kingston, NY 12401

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