118 Grand Street, Kingston, NY 12401

$299,900
2
BD
2
BA
1,264
SqFt

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List Price
$299,900
Status
ACTIVE UNDER CONTRACT
MLS#
20264583
Bedrooms
2
Full-baths
2
Sq. Ft
1,264
Acres
0.06
Year Built
1950

Property Description

Prime opportunity in the heart of Kingston. 118 Grand Street offers an exceptional opportunity for a business owner, lease, or live-work. This solid 1,264 SF, 2 full bath commercial/residential building features a versatile layout well-suited for professional offices, retail, mixed-use conversion, or creative space. The building has the potential to be easily divided in half as two separate commercial rentals or converted into two residential living spaces, or even converted to single-family. The building is currently used as a professional office with two full bathrooms and a kitchenette. Residential financing is available through a low-down FHA 230k renovation loan for the conversion. Property is currently taxed as commercial and if converted to single family the tax rate will go down. Building is wide open space and bedrooms would need to be framed out to convert the building to a 2-bedroom home.

Additional Information

Roof
Built-Up
Style
Ranch
Foundation
Block
Basement
Block, Concrete, Daylight, Interior Entry, Partial
School District
Kingston Consolidated
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Gregory Berardi with Berardi Realty