NOT LISTED FOR SALE

16 John St Kingston, NY 12401

6 Beds
5 Baths
4,300 Sq Ft
3,223 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $625,000 $145 Per Sq Ft

16 Days on Market

Highlights

  • Deck
  • No HOA
  • Heating System Uses Natural Gas
  • Kingston High School Rated A-
  • Shed
  • 4-minute walk to Academy Green park

About This Home

As of March 2021

Welcome to Uptown Kingston! Where growth, enterprise, art, business and new energy is flooding into the community. A great investment property in one of the “hottest” real estate markets in New York and beyond. Five well kept units, one two bedroom and four one bedroom apartments, off street parking in the rear lot for 3 vehicles. This is a non-smoking building with terrific long term tenants who keep their apartments neat and clean and have always paid rent extremely timely, what a pleasure! Added benefits are a newly painted exterior and hallway, natural gas heat, municipal water, sewer & trash removal and two apartments have decks. Uptown is ignited with new energy and growth with all the conveniences that a walkable city offers. Easy access to coffee shops, restaurants, boutique shops & hotels, art galleries, farmers markets, parks, & more. As a courtesy to tenants, showings Tues 3-5, Thur 3-5, Sat 12-2. Proof of funds, pre-approval, covid disclosures, health screening form required before viewing.

Last Agent to Sell the Property

Margaret Bryngelson

Jon Hoyt Realty Listed on: 10/08/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,223 Sq Ft Lot
  • Lot Dimensions are 33x98

Home Design

  • Brick Exterior Construction

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • Range
  • Basement Fills Entire Space Under The House
  • City Lot

Listing and Financial Details

  • The owner pays for gas, insurance, management, repairs, sewer, taxes, trash collection, water
  • Legal Lot and Block 4.111 / 4

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Fuel Expense $6,000
  • Insurance Expense $4,500
  • Manager Expense $5,000
  • New Taxes Expense $14,500
  • Net Operating Income $17,642

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.07
  • Co List Office Phone: 845-339-4444
  • MLS Status: Closed
  • Master Plan Zoning: C-2
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.074
  • General Property Information Lot Size Dimensions: 33x98
  • Sewer:Public Sewer: Yes
  • Income And Expenses New Taxes Expense: 14500.0
  • Income And Expenses Cap Rate: 5.0
  • Gross Scheduled Income: 54492.0
  • Income And Expenses Fuel Expense: 6000.0
  • Other Structures:Shed(s): Yes
  • Manager Expense: 5000.0
  • Appliances Refrigerators: Yes
  • Water Source:Public: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Gas Water Heater
  • Basement: Finished, Full
  • Full Basement: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement Finished: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Type: Brick
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Construction Materials:Brick: Yes
  • Lot Features:City Lot: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Features: City Lot
  • Lot Dimensions: 33x98
  • Lot Size Sq Ft: 3223.44
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Gas, Insurance, Management, Repairs, Sewer, Taxes, Trash Collection, Water, Other
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 4500.0
  • Resident Manager Expense: 5000.0
  • Net Operating Income: 17642.0

Tax Info

  • New Taxes Expense: 14500.0
  • Tax Block: 4
  • Tax Lot: 4.111

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $625,000 +5.0% $145 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $595,000 -- $138 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20204360

Hudson Valley Catskills Region Multiple List Service