Kingston Multifamily Investment
467 NORTHAMPTON ST Kingston, PA 18704
467 NORTHAMPTON ST, Kingston, PA, 18704
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For Sale
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Five-unit multifamily property with value-add potential and off-street parking.
Property Size4,040 SF
Price / SF$136.14
Days on Market65
Property Features for 467 NORTHAMPTON ST
General Information
- Standard status
- Active
- Size
- 4,040 SF
- Property subtype
- Multifamily
Listing Agency
Steel City Realty
(484) 895-9005
Listed by
Jennifer DeJesus · License #PA RM423820
Source
Crexi
Added: May 13 Checked: Jul 16 at 9:18 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steel City Realty
Investment Insights
Based on property information with market context.
This is a five-unit multifamily property in Kingston, presenting a value-add opportunity. The property includes off-street rear parking. Currently, four of the five units are occupied, providing immediate cash flow potential. Tenants are responsible for all utilities except for the gas boiler, which is paid by ownership. The property size is 4040 square feet.
Key Highlights
- Multifamily property in Kingston
- Immediate cash flow from 4 of 5 units being occupied
- Value‑add opportunity with potential for increased revenue
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.6k | $14.76 |
| − Vacancy | −$4.7k | −$1.15 |
| EGI | $55.0k | $13.61 |
| − OpEx | −$24.7k | −$6.12 |
| NOI | $30.2k | $7.48 |
4,040 SF · lease $14.76/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$432.0K
$378.0K – $504.0K
NOI $30,239 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,591 @ 7.0% cap · market cap 16.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit multifamily property with value-add potential and off-street parking.
Where is this apartment building located?
The property is located at 467 NORTHAMPTON ST Kingston, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Multifamily property in Kingston; Immediate cash flow from 4 of 5 units being occupied; Value‑add opportunity with potential for increased revenue
