Take advantage of this exceptional investment opportunity in the thriving city of Kingston! This property can be purchased on its own or as part of an impressive portfolio, which includes five additional investment properties—four in Kingston and one in Red Hook. This two-family property is fully occupied and currently generates a gross income of 50k annually. Tenants are responsible for all utilities except for water and sewer, helping to keep your expenses low and your returns high.
The property includes two spacious 3-bedroom, 1-bathroom units—one offering 943 sq ft of living space and the other 862 sq ft. Each unit provides ample room for tenants, making them highly desirable in Kingston's growing rental market. The city's ongoing development and popularity are driving demand for quality rental properties, positioning this investment as a smart choice for both seasoned and new investors.
Conveniently located near Kingston's expanding selection of shops, restaurants, and cultural attractions, this property is ideal for attracting long-term tenants.
Acquiring the full portfolio offers a fantastic opportunity to broaden your investment reach and maximize returns.
With Kingston's real estate market on a steady rise, now is the perfect time to invest. Don't miss out on this opportunity to own a profitable asset in one of the Hudson Valley's most promising markets!
Listing Details
$500,000
$4,106
Active
Single Family
20250492
3/1/2025
35 Day(s) Ago
Property Details
52 Van Buren Street
Kingston
NY
12401
Ulster
6
0
1911
