#20250567, Louis Naccarato, Listing Office: Berardi Realty
60 Franklin St Kingston, NY 12401
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
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: 5/6/2025, 4:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$700,000
60 Franklin St
$8,313
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
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.
Kingston, NY housing market in April 2025 saw over 12 listings sold above listed price, more than 2 sold at listed price and over 11 sold below. The number of homes for sale in Kingston, NY increased by 5.2% between March and April 2025. Listings spent 69 days on the market in April 2025, and had a median list price of $390,000 during the same period.