Seller's Agent in 2024
Christine Chapman
Chapman Realty of the Hudson V
(518) 892-6413
18 in this area
51 Total Sales
79 & 83 Franklin St Kingston, NY 12401
8
Beds
12
Baths
--
Sq Ft
10,454
Sq Ft Lot
Highlights
- No HOA
- Level Lot
- 2-minute walk to Barmann Park
- Forced Air Heating System
- Carpet
About This Home
As of July 2024Two adjacent multi-unit buildings (total 12 units) in upper mid-town Kingston with great cash flow and several repairs/updates. Tenants pay their own utilities. There is a blue 4 unit building (#83), and an 8 unit building (#79) on almost a quarter of an acre total. This offering is for two separate buildings, each on its own parcel. Located right by the Kingston Library, and just a few blocks from the popular uptown Kingston area. Serious money-maker for a wise investor!
Last Agent to Sell the Property
Chapman Realty of the Hudson V License #10491206736 Listed on: 12/03/2023
Last Buyer's Agent
Christine Chapman
Chapman Realty of the Hudson V
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,088
Year Built
- Built in 1950
Lot Details
- 10,237 Sq Ft Lot
- Lot Dimensions are 105x100
- Level Lot
Flooring
- Carpet
- Linoleum
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Oven
- 12 Bathrooms
- Basement Fills Entire Space Under The House
Listing and Financial Details
- The owner pays for insurance, repairs, sewer, taxes, trash collection, water
- Legal Lot and Block 35 & 36 / 3
Community Details
Overview
- No Home Owners Association
- 12 Units
Building Details
- Electric Expense $270
- Insurance Expense $516
- New Taxes Expense $2,423
- Net Operating Income $129,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2024 07/17/24 | Sold | $1,150,000 | -4.2% | -- |
| 04/20/2024 04/20/24 | Off Market | $1,200,000 | -- | -- |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 12/02/2023 12/02/23 | For Sale | $1,200,000 | -- | -- |
Source: Hudson Valley Catskills Region Multiple List Service
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 | $10,183 | $182,000 | $23,000 | $159,000 |
| 2023 | $10,683 | $182,000 | $23,000 | $159,000 |
| 2022 | $9,362 | $182,000 | $23,000 | $159,000 |
| 2021 | $9,362 | $182,000 | $23,000 | $159,000 |
| 2020 | $9,209 | $182,000 | $23,000 | $159,000 |
| 2019 | $5,481 | $182,000 | $23,000 | $159,000 |
| 2018 | $8,606 | $165,000 | $22,100 | $142,900 |
| 2017 | $8,195 | $150,000 | $22,100 | $127,900 |
| 2016 | $8,646 | $150,000 | $22,100 | $127,900 |
| 2015 | -- | $161,000 | $22,100 | $138,900 |
| 2014 | -- | $161,000 | $22,100 | $138,900 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Chapman
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20233463
APN: 510800 56.92-3-36
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