43 Pierce St Kingston, PA 18704

This Kingston, Pennsylvania multifamily property presents a compelling investment opportunity. The 6-unit apartment building, built in 1960, boasts 6,400 square feet situated on a 0.15-acre lot. The property features two stories and is classified as Class C. Currently priced at $799,000, this translates to $133,167 per unit and a price per square foot of $124.84. The pro-forma net operating income (NOI) is $60,752, yielding a 7.60% pro-forma capitalization rate. Tenants are responsible for gas and heat, contributing to lower operating costs for the owner. The well-maintained building offers stable income and potential for future appreciation, making it an attractive addition to any investment portfolio. Located at 43-45 Pierce Street, Kingston, PA 18704, this property offers a blend of established income and growth potential in a desirable location. The building's strong financial performance and low operating expenses make it an ideal investment for those seeking a high-return, low-risk opportunity in the multifamily market.