NOT LISTED FOR SALE

296 Main St Kingston, NY 12401

4 Beds
4 Baths
3,766 Sq Ft
9,148 Sq Ft Lot

Last Sold August 24, 2023

Last sale price $350,000 $93 Per Sq Ft

86 Days on Market

About This Home

As of August 2023

Investment opportunity on popular Main Street in Rosendale! This multi-family house has 4 separate units, all of which are currently occupied by tenants who would like to stay. All units are one-bedroom, one bath, differing in size. Some features include wood floors, large windows, newer kitchen cabinets and tub/shower combo in bathrooms. Also included is off street parking with shared driveway and a shared backyard, both maintained by current owner. Conveniently located between Kingston and New Paltz, on the UCAT bus route, walking distance to Trailways Bus stop as well as many great restaurants, the Rosendale Theatre and other shops on Main Street. Cap rate based on current rate is 7, rents are under market value and could easily be increased, improving the cap rate to at least 10%.

Last Agent to Sell the Property

Laurel Sweeney

BHHS Nutshell Realty License #30SW0956510 Listed on: 04/06/2023

BHHS Nutshell Realty

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,095

Year Built

  • Built in 1965

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,766 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Marbletown Elementary School
  • Rondout Valley Junior High School
  • Rondout Valley High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil

Community Details

  • 4 Units
  • 5 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 4600-062.082-0005-035.000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,095

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1965
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 3766
  • Owner Pays: Insurance
  • SquareFootage: 3766.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 2306
  • Other Expense: 886
  • Trash Expense: 1280

Schools

  • Middle School: Rondout Valley Junior High School

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9148
  • Lot Size Units: Acres
  • Parcel Number: 4600-062.082-0005-035.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, See Remarks, Water

Multi Family

  • Fuel Expense: 2970
  • Units Total: 4
  • Separate Electric Meters: 5
  • NumberOf1Bedrooms: 4

Tax Info

  • Tax Annual Amount: 7095
  • Tax Map Number: 4600-062.082-0005-035.000-0000

MLS Schools

  • Elementary School: Marbletown Elementary School
  • High School: Rondout Valley High School
  • Middle School District: Rondout Valley

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $350,000 -5.1% $93 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $369,000 -- $98 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6241495

OneKey® MLS