6,534 Square Foot Multi-Family Space For Sale @ 167 Tremper Ave
167 Tremper Ave, Kingston, NY 12401
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Matt K.
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A touch of New Orleans elegance in the heart of Kingston! This large multi family is zoned as a legal 3 family with occupants in all three units for your income stream but there is so much more; a large attached garage with high ceilings and additional partially finished space. Some work needs to be done on the property but heating is gas with separate boilers and separate electric. The 3 units consist of one 3 bedroom apartment, one 2 bedroom apartment and a 1 bedroom. Nice back yard space as well as a nice formal entry area. Many original details that could make this a real jewel with Juliet balconies and more. Great location near the main post office and many shops and eateries. Monthly income is approximately $2,925 per month and tenants pay all utilities except water and sewer. At this price cap rate is approximately 9.7.
Sale Price: $289,500
Size: 6,534 square feet (is divisible)
Type: Multi-Family Space
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