Discover an excellent investment opportunity in the bustling city of Kingston! 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!
Listing Details
$500,000
$4,533
Active
Single Family
20250493
3/1/2025
35 Day(s) Ago
Property Details
54 Van Buren Street
Kingston
NY
12401
Ulster
6
0
1900
