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58 Saint James St 17 Unit Apartment Building $1,850,000 ($108,824/Unit) Kingston, NY 12401
Executive Summary
Own a piece of Kingston's storied charm with this fully stabilized, income-generating 17-unit apartment complex in the heart of Uptown. Featuring old-world architectural details like stamped tin ceilings, original hardwood floors, crown moldings, and restored trim work, this property offers historic character, modern upgrades, and ready to underwrite cashflow.
The complex consists of a 14-unit main building and a detached 3-unit carriage house with a 1-car garage--ideal for long-term value and diverse rental income. This asset has been updated over the past several years, with improvements to most units, balconies, tree removal, shrubbery around fence line, common areas, new mailbox, exterior paint job, and new hot tankless water heater. Interiors feature refinished hardwood floors (some exposed, some protected under carpet or newer flooring), fresh kitchens and baths, and maintained mechanical systems.
The main building runs on a natural gas boiler and water heater, while the carriage house uses a separate forced-air gas furnace and hot water heater.
The complex consists of a 14-unit main building and a detached 3-unit carriage house with a 1-car garage--ideal for long-term value and diverse rental income. This asset has been updated over the past several years, with improvements to most units, balconies, tree removal, shrubbery around fence line, common areas, new mailbox, exterior paint job, and new hot tankless water heater. Interiors feature refinished hardwood floors (some exposed, some protected under carpet or newer flooring), fresh kitchens and baths, and maintained mechanical systems.
The main building runs on a natural gas boiler and water heater, while the carriage house uses a separate forced-air gas furnace and hot water heater.
Property Facts
| Price | $1,850,000 | Building Class | C |
| Price Per Unit | $108,824 | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 7,776 SF |
| No. Units | 17 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.03/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | O-2 - COM 1 | ||
| Price | $1,850,000 |
| Price Per Unit | $108,824 |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 7,776 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 1.03/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | O-2 - COM 1 |
Amenities
Unit Amenities
- Fireplace
- Tile Floors
- Hardwood Floors
- Refrigerator
- Range
- Carpet
- Basement
- Deck
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 17 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0800-056.092-0004-008.000-0000 | Improvements Assessment | $432,000 |
| Land Assessment | $130,000 | Total Assessment | $562,000 |
Property Taxes
Parcel Number
0800-056.092-0004-008.000-0000
Land Assessment
$130,000
Improvements Assessment
$432,000
Total Assessment
$562,000
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58 Saint James St
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