Acres0.07
Year1920
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Glenn Fitzgerald
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Status:
Active
Property Type:Multi-Unit
MLS #:20223606
On Site:85 Days
Lot Size:0.07 Acres
County:Ulster County
Huge Investment Opportunity! 6 Fresh Apartments waiting for their new owner & tenants. Building completely vacant, freshly painted - sparkling clean. Each Apartment is unique in Decor and space. Please note that the rent roll is a pro-forma- Tenants pay rent & Utilities , Owner pays HW, Taxes, Insurance, Water/Sewer. Must have confirmed Appt. Owner Financing Available ,1/3 down cash, Amortized over 30 Years at 7% Interest , Balloon payment on year 5.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 2/6/2023 | $779,000 | $749,000 | -3.9% |
Community Information
Address:7 Russell St, Kingston, NY 12401
Area:KINGSTON CITY
County:Ulster County
City:Kingston
Schools:KINGSTONCONSOLD
Township:City of Kingston
Zip Code:12401
Architecture
Year Built:1920
Style:Two Story
Construction: Frame/Stick, Masonry
Unit 1: $1,100 rent
Unit 2: 1 Bed•$1,400 rent
Unit 3: 1 Bed•$1,200 rent
Unit 4: 1 Bed•$1,425 rent
Unit 5: 1 Bed•$1,425 rent
Unit 6: 1 Bed•$1,300 rent
Basement: Finished, Full
Features / Amenities
Appliances: Microwave, Range, Refrigerator
Floors: Carpet, Hardwood, Vinyl
Attic: St/Cr
Amenities: Garden Area
Heat Source: Forced Air
Heating Fuel: Electric, Natural Gas
Hot Water: Electric
Property Features
Lot Size:
0.07 Acres
Lot Dimensions:48 x 68
Lot/Site: City
Water: Municipal
Zoning:RT
Directions:Broadway to left on Hone St. to left onto W. Pierpont to left onto Russell St. Property on the right. Sign On.
Tax and Financial Info
General Tax: $3,544
School Tax: $6,011
Lease Type: Vacant
Terms: To Qual. Buyer, Owner Will Finan
Owner Pays: Insurance
Tenant Pays: All Utilities
Monthly Income: $7,850
Annual Income: $94,200
Net Income: $77,519
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7 Russell St Kingston, NY 12401
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Huge Investment Opportunity! 6 Fresh Apartments waiting for their new owner & tenants. Building completely vacant, freshly painted - sparkling clean. Each Apartment is unique in Decor and space. Please note that the rent roll is a pro-forma- Tenants pay rent & Utilities , Owner pays HW, Taxes, Insurance, Water/Sewer. Must have confirmed Appt. Owner Financing Available ,1/3 down cash, Amortized over 30 Years at 7% Interest , Balloon payment on year 5.
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Listing Information Last Updated 2/7/2023
Listing provided courtesy of Howard Hanna Rand Realty.
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
