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

PROPERTY FACTS
| No. Units | 4 | Lot Size | 8.80 AC |
| Property Type | Multifamily | Building Size | 6,720 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | ||
| Zoning | 31 | ||
| 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
| Parcel Number | 515400 56.17-2-15 | Improvements Assessment | $220,200 |
| Land Assessment | $59,800 | Total Assessment | $280,000 |
PROPERTY TAXES
Listing ID: 4835801
Date on Market: 11/7/2016
Last Updated:
Address: 2886 State Route 32, Kingston, NY 12401
The Multifamily Property at 2886 State Route 32, Kingston, NY 12401 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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