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Listed by: Century 21 Alliance-NP
$ 500,000
Est. payment | /mo
6 Beds
2,398 SqFt
$ 500,000
Est. payment | /mo
6 Beds
2,398 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,398 sqft
Price per Sqft $208
MLS Listing ID 20250493
Bedrooms 6
Year Built 1900
Annual Tax Amount $4,533
Tax Year 4533
Property Sub-Type Duplex
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Discover an excellent investment opportunity in the bustling city of Kingston! SELLER FINANCING is available for buyers interested in purchasing multiple—or all—properties in this portfolio. This property can be purchased individually, or as part of an attractive portfolio that includes five additional investment properties—four in Kingston and one in Red Hook.
This two-family property is fully rented and brings in a solid gross income of 50k annually and is at an 8 cap rate. Tenants are responsible for all utilities except for water and sewer, minimizing your expenses and enhancing your profit margins.
Both units are generously sized at 1,199 sq ft each, featuring 3 bedrooms and 1 bathroom. The spacious layouts make these apartments highly appealing to tenants seeking comfortable living in Kingston's vibrant rental market. The city's growth continues to attract residents, ensuring consistent demand for well-located rental properties like this one.
Situated in a rapidly developing area, this property offers easy access to shops, restaurants, and cultural attractions. The city's increasing popularity makes this an ideal time to invest and benefit from potential appreciation and rental growth.
Securing the full portfolio presents an excellent opportunity to expand your investment reach and diversify your income streams.
With Kingston's real estate market on the rise, this is a chance to secure a high-potential asset in one of the Hudson Valley's most desirable locations. Act quickly—opportunities like this won't last long!
This two-family property is fully rented and brings in a solid gross income of 50k annually and is at an 8 cap rate. Tenants are responsible for all utilities except for water and sewer, minimizing your expenses and enhancing your profit margins.
Both units are generously sized at 1,199 sq ft each, featuring 3 bedrooms and 1 bathroom. The spacious layouts make these apartments highly appealing to tenants seeking comfortable living in Kingston's vibrant rental market. The city's growth continues to attract residents, ensuring consistent demand for well-located rental properties like this one.
Situated in a rapidly developing area, this property offers easy access to shops, restaurants, and cultural attractions. The city's increasing popularity makes this an ideal time to invest and benefit from potential appreciation and rental growth.
Securing the full portfolio presents an excellent opportunity to expand your investment reach and diversify your income streams.
With Kingston's real estate market on the rise, this is a chance to secure a high-potential asset in one of the Hudson Valley's most desirable locations. Act quickly—opportunities like this won't last long!
Location
State NY
County Ulster
Area Kingston, City
Zoning T4N - T4 Neighb
Building
Sewer Public Sewer
Water Public
Schools
High Schools Kingston Consolidated
School District Kingston Consolidated
Others
Tax ID 56.109-1-8
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