91-96 Main St
Kingston, NY 12401

Prime Uptown Kingston 2 building portfolio offered as a package deal, 15 units in the two buildings (see 87 Green Street Kingston, NY listing). Adjacent properties are located on the corner of Main st and Green st in the heart of Uptown Kingston’s historic district. There are 15 apartments in the two buildings, plenty of off street parking, storage, managers workshop and laundry facility. Most apartments have hard wood floors, and many updates. This is a very well run and managed property, rents are well below market. I would estimate each apartment is $100 to $300 a month under market rent in their current condition. Gross combined income is $180,504.00 a year with a Net operating income (with full documented expenses) of $84,509.69. 87-89 Green Street (SBL: 56.90-4-13) 8 Unit $775,000. 91-97 Main Street (SBL: 56.90-4-12) 7 Unit $775,000. See associated docs for all income & expense and full detailed reports on both properties.