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Market Street Complex 300 Market St

17 Unit Apartment Building $3,250,000 ($191,176/Unit) 8.41% Cap Rate Kingston, PA 18704

EXECUTIVE SUMMARY

This stunning, completely transformed office building has been reimagined into a modern, 17-unit apartment complex, offering a perfect blend of style, comfort, and convenience. Located in a prime, highly sought-after area, residents will enjoy easy access to nearby parks, shopping centers, schools, gyms, public transportation, and more!
Completed in late 2024, this property is already showing strong demand with 9 of the 17 units leased, making it a solid investment with immediate cash flow potential. Each unit boasts high-end finishes, modern appliances, and spacious layouts, perfect for attracting long-term tenants seeking luxury living in a vibrant community.
Don't miss out on the chance to own this remarkable building and capitalize on the ongoing lease-up. Whether you're looking for a high-performing asset or a project with long-term growth potential, this is an opportunity you’ll want to explore!

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,250,000
Price Per Unit $191,176
Sale Type Investment
Cap Rate 8.41%
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.48 AC
Building Size 14,250 SF
Average Occupancy 53%
No. Stories 3
Year Built/Renovated 1925/2025
Parking Ratio 2.25/1,000 SF
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 13 $1,200 463 - 845
2+1 3 $1,975 873 - 1,033
2+2 1 $1,950 945
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 34-H9-00A-001-000
  • 34-H9-00A-002-000
  • 34-H9-00A-003-000
  • 34-H9-00A-05A-000
Land Assessment
$876,300 (2024)
Improvements Assessment
$1,426,400 (2024)
Total Assessment
$2,302,700 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025

ZONING

Zoning Code C3 (Zoning variance approved for apartments.)
C3 (Zoning variance approved for apartments.)
  • Listing ID: 34628453

  • Date on Market: 1/28/2025

  • Last Updated:

  • Address: 300 Market St, Kingston, PA 18704

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