Kingston, NY 12401

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.6 Acres

Financials

Price:$925,000
Annual Taxes:$27,983.51
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of HomeSmart Homes & Estates

Rare Uptown Kingston Value Add Opportunity !

Description

Rare Uptown Kingston Value-Add Opportunity! Exceptional six-unit, 2-building multifamily investment featuring six spacious 2-bedroom apartments in one of the Hudson Valley's most sought-after rental markets. This well-maintained property already generates strong, consistent rental income with solid in-place rents, while still offering meaningful upside for the next owner. Two units have been recently renovated, showcasing the property's potential, while the remaining apartments are in good condition and present the opportunity to further increase cash flow through strategic updates and future rent growth, without the need for a full-scale rehab. Whether you're a seasoned investor or looking to add a high-performing asset to your portfolio, this property offers the ideal combination of immediate income, value-add potential, and long-term appreciation. Located in desirable Uptown Kingston, just minutes from the Historic Stockade District, restaurants, shopping, and major commuter routes, the location continues to drive strong rental demand. Properties offering solid current cash flow with clear upside potential are increasingly difficult to find. Don't miss the opportunity to own this standout investment in one of the Hudson Valley's fastest-growing markets.

Amenities

  • Balcony
  • Built-in Features
  • Ceiling Fan(s)
  • Electricity Connected
  • Natural Gas Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.