#20250567, Louis Naccarato, Listing office: Berardi Realty
Property details
About 60 Franklin St
Here's your chance to own a lucrative four-family property in the rapidly expanding city of Kingston! SELLER FINANCING is available for buyers interested in purchasing multiple—or all—properties in this portfolio. Fully occupied and producing a gross income of 78k annually and is at an 8 cap rate. This property is available for individual purchase, or you can acquire the entire portfolio, which includes five other investment properties—four in Kingston and one in Red Hook. This property is a fantastic opportunity for investors looking to capitalize on the area's growth. The property includes a mix of unit sizes to appeal to a broad range of tenants: two 2-bedroom, 1-bath units offering spacious living arrangements, and two 1-bedroom, 1-bath units perfect for singles or couples. The units range from 400 to 875 sq ft, catering to different tenant needs and maximizing rental potential. Tenants pay for all utilities except for water and sewer, keeping your expenses low and boosting your returns. This property is close to the city's growing selection of restaurants, shops, and cultural hotspots. The surge in popularity in Kingston make this an opportune time to invest, with the potential for increased rental income and property appreciation in the coming years. This option offers an incredible opportunity to expand your real estate holdings quickly and effectively. With Kingston's real estate market continuing to thrive, this is an opportunity you don't want to miss.
Highlights
Home typeQuadruplex
StatusActive
Size2,600 sqft
Year built1940
MLS #20250494
Summary
- Appliances: Refrigerator, Range
- Total Bedroom Count: 6
- List Price: $700,000
- Price/SqFt: $269
- Annual Tax Amount: $12,317
- Tax Year: 2022
- Directions: Turn right onto Franklin, property is .25 miles on your right.
- Year Built: 1940
- Living Area: 2,600 SqFt
- MLS Number: 20250494
- MLS Name: UlsterCounty
- Office Name: Century 21 Alliance-NP
- Office Phone: (845) 255-6163
- Office Email: c21aliance@aol.com
- Listing Agent: Savannah Miceli
Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/22/2025, 8:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 10, 2022 | Home Sold | $570,000 |
| Mar 15, 2021 | Home Sold | $400,000 |
| Jul 11, 2019 | Home Sold | $163,000 |
| Oct 27, 2006 | Home Sold | $244,563 |
| Feb 11, 2000 | Home Sold | $43,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $240,000 | $- |
| 2022 | $240,000 | $12,317 |
| 2021 | $240,000 | $12,317 |
| 2020 | $240,000 | $12,317 |
| 2019 | $240,000 | $12,563 |
| 2018 | $218,000 | $11,720 |
| 2017 | $198,000 | $12,904 |
History based on county public records data.
Nearby schools
4
George Washington School
Public District PK-4
0.3 mi
•67 Wall St
4
Harry L Edson School
Public District KG-4
1.2 mi
•116 Merilina Ave
3
John F Kennedy School
Public District KG-4
1.6 mi
•107 Gross St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,934. The majority of Kingston, NY residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
46%
<35k
46%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
24%
Single, with Kids
12%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
Extreme Sports
Where do the neighbors shop?
Burlington
Family Dollar
Sam's Club
Where do the neighbors go to eat?
Popeyes
Church's Chicken
White Castle
What do the neighbors drive?
Dodge
Cadillac
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 60 Franklin St
The listing price of 60 Franklin St property is $700,000.
The property 60 Franklin St is a multi located in Kingston, New York, 12401.
Active Listing: 60 Franklin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 60 Franklin St are: George Washington School (GreatSchools Rating 4/10), Harry L Edson School (GreatSchools Rating 4/10), John F Kennedy School (GreatSchools Rating 3/10), J Watson Bailey Middle School (GreatSchools Rating 3/10), M Clifford Miller Middle School (GreatSchools Rating 3/10), Bulkeley Middle School (GreatSchools Rating 8/10), Kingston High School (GreatSchools Rating 4/10), Rhinebeck Senior High School (GreatSchools Rating 8/10), Red Hook Senior High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2022 is $12,317 (source: MLS/based on county public records data).
The last sale was on May 10, 2022 for $570,000 (source: MLS/tax record).
The property 60 Franklin St is 2,600 SqFt (source: MLS/tax record).
The year of construction for 60 Franklin St is 1940.
This home is located at 60 Franklin St in Kingston, NY and zip code 12401. This 2,600 square foot home was built in 1940. Features: 6 bedrooms, 0 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $700,000.
While more than 6 listings in Kingston, NY in June 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 7 were sold below. In June 2025 in Kingston, NY there were 10.3% more homes for sale than in May. In June 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $399,000.
From Rocket Homes Real Estate and based on county public records data.