Incredible investment.. This is a unique property consisting of a 4 family and a Single family home on 8.8 acres. The cap rate has been figured based on adding the single family with the 4 family property. The cap rate would be 8% based on the value given to the 4 family and single family. This property does lend itself to be a complete rental/income opportunity by renting the Single Family as well. Highest and best use would be to live in the single family while renting the 4 family (currently fully occupied with long term tenants) In addition to this you have extra acreage!
Off market
Zestimate®
$934,400
2880 Route 32, Kingston, NY 12401
12beds
0baths
1,284sqft
MultiFamily
Built in 1970
-- sqft lot
$934,400 Zestimate®
$728/sqft
$2,162 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 0
Heating
- Baseboard, Forced air, Oil
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 1,284 sqft
Property
Lot
- Size: 8.80 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1970
Utilities & green energy
- Sewer: SEPTIC-INGR.
Community & neighborhood
Location
- Region: Kingston
Other
Other facts
- Class: MULTI-FAMILY
- For Sale: For Sale
- CONSTRUCTION: FRAME/STICK, FRAME/MOD
- FLOORS: CERAMIC
- HOT WATER: ELECTRIC
- ROOF: ASPH SHINGLE
- SEWER: SEPTIC-INGR.
- LEASE TYPE: MONTH TO MONTH
- OWNER PAYS: INSURANCE, OIL, MAINTENANCE, REPAIRS
- TENANT PAYS: ELECTRIC, GAS
- GARAGE/PARKING EXTRAS: DRIVEWAY, OFF STREET, RV
- SIDING: VINYL
- WATER: DRILLED WELL
- CONDITION: VERY GOOD
- Type: 4 Family
- DRIVEWAY: BLACKTOP
- KITCHEN DESCRIPTION: EAT-IN, COUNTRY
- OTHER BUILDINGS: ADDITIONAL LIVING UNIT
- STYLE: RANCH, APT. COMPLEX
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$934,400
2% more+$18,688
With Zillow Showcase(estimated)$953,088