432 Albany Avenue

Description

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.Cap rate is currently at 8%. 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 used for additional parking. 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.With all the possibilities, take a trip down Albany Ave and come take a look at 432.

Extras: Seller is related to realtor. This sale includes 438 Albany Ave, S/B/L 48.74-1-49.100 county tax is $579 and school tax is $1018. Size of lot is 20x 109 and is zoned C-3-Gen Comm. Buyer agent to verify square footage and taxes. Back apartment has electric