$429,000
SOLD MAY 20, 2025

140 Spring St Kingston, NY 12401

5 Beds
3 Baths
1,893 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

137 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • Carpet
  • Baseboard Heating

About This Home

As of May 2025

Opportunity awaits! Three-family home located steps away from Kingston's Downtown Waterfront, where you'll find local cafes, shops, restaurants, and so much more. The property features two vacant units and one occupied unit, making it an excellent opportunity for investors or owner-occupiers seeking rental income. The main level unit ( vacant) boasts two bedrooms, one full bath, a spacious living area, and a washer/dryer hookup. Recent updates to this unit include a new kitchen with stainless steel appliances and freshly painted throughout. This unit is heated with baseboard electric heat. The lower-level unit ( vacant) offers one bedroom, one bath, a kitchen, and a small office. This cozy space is heated with natural gas and forced air, making it both efficient and comfortable. The second-level unit, currently occupied, features two bedrooms, one full bath, a living area, and access to the balcony—perfect for enjoying the outdoors. This unit utilizes a combination of electric baseboard heat and natural gas forced air for heating. Additional highlights of the property include new landscaping, concrete patio and new sidewalks. Vinyl siding, windows and roof are 10 years old. Each unit has separate electric meters and hot water heaters, with tenants responsible for their own utilities. Property has an oversized yard and provides street parking. Don't miss out on this fantastic opportunity to own a three family home located in a prime location with great rental potential, come take a look! See associated docs for income/expense sheet, floor plans and county records.

Last Agent to Sell the Property

Megan Rios

Berardi Realty License #10401302335 Listed on: 03/14/2025

Last Buyer's Agent

NON MLS HVCRMLS

HV Catskill Region MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,811

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,893 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • City Lot

Schools

  • Kennedy K-4 Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for insurance, repairs, snow removal, taxes, trash collection
  • Legal Lot and Block 12 / 13
  • Assessor Parcel Number 56.42

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,628
  • Net Operating Income $46,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,811

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 845-201-1111
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1893.0
  • Architectural Style: Other
  • New Construction: No
  • Master Plan Zoning: T4N
  • Location Tax and Legal:Tax Block: 13
  • General Property Information Lot Size Acres: 0.1
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Linoleum: Yes
  • Income And Expenses Cap Rate: 10.86
  • Gross Scheduled Income: 66000.0
  • Location Tax and Legal:Tax Annual Amount: 4811.0
  • Appliances Refrigerators: Yes
  • Roof Asphalt3: Yes
  • Water Source:Public: Yes
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Laundry Features Washer Hookup: Yes
  • General Property Information Above Grade Finished Area: 1893.0
  • General Property Information Basement YN: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Structure Type:Triplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate, Linoleum
  • Full Basement: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Vinyl Siding
  • Lot Features:Level: Yes
  • Lot Features:City Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Steep Slope: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Fee Information

  • Trash Expense: 1800.0

Schools

  • Junior High Dist: Kingston Consolidated

Lot Info

  • Lot Features: City Lot, Level, Steep Slope
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 56.42
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Snow Removal, Taxes, Trash Collection
  • Tenant Pays: All Utilities, Electricity

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1628.0
  • Net Operating Income: 46698.0

Tax Info

  • Tax Annual Amount: 4811.0
  • Tax Block: 13
  • Tax Lot: 12

MLS Schools

  • Elementary School: Kennedy K-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Deforest John and Deforest Melissa S
Bought by
Deforest John and Deforest Melissa S
Current Estimated Value
$462,000

Purchase Details

Listed on
Jan 29, 2014
Closed on
May 27, 2014
Sold by
Wolfe Robert T
Bought by
Deforest John
Seller's Agent
Cindy Van Steenburg
Win Morrison Realty
Buyer's Agent
Greg Berardi
Berardi Realty
List Price
$158,000
Sold Price
$148,000
Premium/Discount to List
-$10,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$111,375
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2014
Closed on
May 14, 2014
Sold by
Wolfe Robert T
Bought by
Deforest John
Seller's Agent
Cindy Van Steenburg
Win Morrison Realty
Buyer's Agent
Greg Berardi
Berardi Realty
List Price
$158,000
Sold Price
$148,000
Premium/Discount to List
-$10,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,375
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2000
Sold by
Waters Clark E and Waters Lisa A
Bought by
Kennedy Joseph and Kennedy Crystal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Available
Deed -- None Available
Deed -- None Available
Deed $148,500 --
Deed $148,500 --
Deed $148,500 --
Bargain Sale Deed $18,500 --
Bargain Sale Deed $18,500 --
Bargain Sale Deed $18,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $111,375 New Conventional
Previous Owner $111,375 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2025 05/20/25 Sold $429,000 -0.2% $227 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $429,900 0.0% $227 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
11/29/2024 11/29/24 For Sale $429,900 +190.5% $227 / Sq Ft
05/27/2014 05/27/14 Sold $148,000 -6.3% $78 / Sq Ft View Prior Sale
03/28/2014 03/28/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $158,000 -- $83 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,592 $129,000 $17,000 $112,000
2023 $6,870 $129,000 $17,000 $112,000
2022 $6,636 $129,000 $17,000 $112,000
2021 $6,636 $129,000 $17,000 $112,000
2020 $5,744 $129,000 $17,000 $112,000
2019 $2,671 $129,000 $17,000 $112,000
2018 $5,790 $117,000 $16,000 $101,000
2017 $3,900 $106,000 $16,000 $90,000
2016 $3,886 $106,000 $16,000 $90,000
2015 -- $106,000 $16,000 $90,000
2014 -- $106,000 $16,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20244584

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.042-0013-012.000-0000