Investment Opportunity Desirably located in the vibrant City of Kingston. This income producing, fully occupied apartment building has 6 units that can offer immediate cash flow for a seasoned or first time investor. Property has a mix of single bedrooms and studio style apartments. Tenants pay Electric and gas, Owner pays heat and hot water. Some units have hard wood floors, high ceilings, and balcony. Upside potential Conveniently located in Historic Kingston, rich in character, a short stroll to up and coming restaurants, shops. Close to NY Thruway and less than 2 hours to NYC!
Fantastic investment opportunity in the heart of Kingston, NY! This duplex features two spacious units: one offering 3 bedrooms and 1 bath, and the other with 2 bedrooms and 1 bath. Ideal for owner-occupants or investors, you can live in one unit while renting out the other. Heat and hot water are included in the landlord's responsibilities, ensuring a hassle-free experience for tenants. The property also includes an easement to an additional back lot. With a little TLC, this property is poised to be a strong income producer. Conveniently located near shops, dining, and local amenities, this duplex is a must-see for savvy buyers looking to maximize their investment!
This property, with its 1,279 sq. ft. and sitting on a 0.09-acre lot, is a multi-family with two units-a 1 bedroom/1 bathroom upstairs unit and a two bedroom/1 bathroom downstairs unit. It's a great starter home or investment property, offering the convenience of living in one unit and renting out the other. The property is located within walking distance to stores, restaurants, and public transportation, and it's also close to NYS Thruway, making your daily commute a breeze. This home is just waiting for you to make it look new again. Take advantage of this great opportunity and come see today!
charming 2-family unit home is located in one of Kingston's most sought-after neighborhoods. Nestled in a prime location, it's just minutes away from schools, shops, restaurants, and all the conveniences you need. Each unit offers comfortable living, making it perfect for generating rental income or living in one and renting the other. The backyard features two pools, a unique bonus that adds immense appeal! Homes in this area are going fast don't miss out on this fantastic chance to invest in Kingston's thriving market. Act quickly, this one won't last long!
Three-unit home in a desirable area with a backyard, driveway & garage. The lower level has been partially finished with a one bedroom, one bath apartment, while the upper main two levels each contain one bedroom, one bath apartments for a total of three apartments. Minutes to the Hudson River, Hutton Brickyards, The Roundout and Several of City of Kingston's attractions for shopping, dining, art galleries, and more! The basement apartment has been recently painted with new carpet. The apartments on 1st & 2nd floors are dually lived in. Landlord pays the electric for the basement only, while there are 2 separate electric meters for 1st & 2nd floor apartments. Natural gas for heating is paid entirely by landlord. Condition of the roof is unknown.
Built in 1915, the current owners have made significant updates to the building, including a new roof, new TimberTech front porch, bathroom renovation in the downstairs unit, and new carpet in the upstairs unit. Each unit is 780 square feet, with two bedrooms and one bathroom. The spacious backyard is ripe for landscaping to add value to the property. Apartment 1 rents at $1,380 monthly, and Apartment 2 rents at $1490 monthly, for a total monthly rent of $2,870, $34,400 annually. With low expenses, as tenants pay their own utilities, this is an estimated 8% cap rate at the asking price of $330,000. Midtown continues to grow, with new businesses lining Broadway and the surrounding streets. Rental units are in high demand, and while these tenants are in good standing, market rate rents could improve the property's cash flow and cap rate significantly. Both units are occupied, proof of funds required for showing. Advance notice required. Showing times: Sundays 12-4pm
Location, Location, Location within walking distance to the picturesque Historic Waterfront District Hudson River Roundout, this property is nestled in a desirable neighborhood. This 1888 home used to be a corner store with upstairs living. It has been transformed into a two family residence. However the current owners are using it as a spacious single-family home, offering ample space and flexibility. The home boasts character and is awaiting renovation to restore its former glory. With a total of 4 bedrooms there is plenty of room for a growing family. Updates include electric 200 amp 2011, roof 2020, and upstairs kitchen converted to a large laundry area. One of the highlights of this property is the fenced in yard perfect for outdoor activities and privacy. Additionally, there is a deck and screened in porches allowing for relaxing outdoor living. This is a first time offering of this unique property.
Welcome to 39 Smith Avenue, Kingston, NY. This meticulously renovated property offers a unique opportunity for both investors and those seeking modern comfort in a prime location. The first-floor unit boasts two spacious bedrooms and one bathroom, featuring a stylish, fully updated interior. The unit extends into a beautifully finished basement, adding two more bedrooms, a comfortable living area, and a full bathroom, perfect for extended living. The second-floor unit mirrors the elegance of the first, offering two bedrooms and one bathroom. Each unit has been completely gutted and renovated from the studs, including brand-new electrical and plumbing systems, ensuring peace of mind and low maintenance for years to come. Situated in the heart of Kingston, conveniently located close to a variety of restaurants, shopping centers, and the local hospital, making it an ideal location for city living. The extended driveway provides ample parking for residents and guests alike. Enjoy the convenience of modern living in a historic city with this turn-key property.
Discover Your Investment Opportunity in the Historic Rondout District of Kingston! This updated 3-family building offers renovated units featuring updated kitchens with appliances, refinished hardwood floors, a new roof, and new hot water heaters. The entire property has been freshly painted inside and out, providing an inviting atmosphere. Located in the vibrant historic Rondout district of Kingston, you'll be surrounded by fantastic restaurants, charming cafes, and an array of amenities that make this area so desirable. Two of the three units comes with their own washers/dryers, and there are multiple off-road parking spots available for tenants, enhancing convenience and appeal. Additionally, one of the units comes with a very nice backyard and another unit has a wonderful front porch, perfect for relaxing and enjoying the neighborhood. All units are currently rented to great tenants on month-to-month leases, providing flexibility for future plans. Plus, the rents are set below market value, offering incredible potential for increased revenue. Don't miss out on this fantastic investment in a prime location!
Situated in the heart of uptown Kingston, you will find this renovated 10 unit apartment building with updated kitchens, baths, new boiler and hot water heater. Ideally located, walk to the Historic Stockade District, with shops, restaurants, local entertainment and the nearby Trailways Bus Station. Building contains three one bedroom units, five studio apartments and two first floor units. Building also offers plenty of off street parking. Additional 2 units in garage owner will renovate for a list price of $1,950,000. Per the Director of Housing Initiatives of Kingston this property does not fall under the ETPA (Emergency Tenant Protection Act.
SIX BEDROOM DUPLEX LOCATED IN CITY OF KINGSTON WITH OFF-STREET PARKING. LOCATED ACROSS STREET FROM PINE STREET MEDICAL COMPLEX. THERE IS SEPARATE PARKING FOR EACH UNIT WITH DRIVEWAYS ON BOTH SIDES OF HOUSE. THERE ARE COVERED PORCHES ON THE FRONT OF THE DUPLEX. BOTH UNITS HAVE 3 BEDROOMS EACH AND SEPARATE UNFINISHED BASEMENTS-ONE UNIT HAS 1 FULL BATH, THE OTHER UNIT HAS A FULL BATH AND ADDITIONAL 1/2 BATH. BOTH TENANTS HAVE RESIDED AT PROPERTY FOR A LONG PERIOD OF TIME. RENTS ARE WELL BELOW MARKET VALUE. OWNERS ARE SELLING PROPERTY AS IS
Take advantage of this exceptional opportunity to own a highly visible, mixed-use commercial property on bustling Ulster Ave in Kingston. This money-making investment boasts a prime location with high traffic counts, ensuring excellent exposure and accessibility. The property has undergone many recent upgrades, including a durable metal roof, new windows, and efficient mini-splits for heating and cooling. These enhancements not only add value but also reduce maintenance costs and improve energy efficiency. Situated close to everything Kingston has to offer, this property is ideal for attracting a diverse range of tenants and customers. Please note, interior photos are limited to protect tenant privacy. Don't miss out on this fantastic investment opportunity in a thriving area. Contact me today for more information!
Great opportunity to own a two-family home on a quiet one way street in Kingston! Two one bedroom/one bath units, with separate entrances make this a great owner occupant start to growing a rental portfolio. Downstairs is vacant, freshened up and ready for a tenant. Or live downstairs and rent upstairs other to offset your mortgage! The heavy hitting systems have all recently been replaced, including water heaters, sump pumps, a furnace and new roof. Refresh the interior to suit your taste! There are separate gas and electric meters for each unit. Conveniently located close to restaurants and boutique shopping in the historic Rondout Strand - as well as all the big box shopping on Ulster Ave. 90 min to GW Bridge. Apartment interior photos show the vacant downstairs unit.
Subject property is on a highly traveled main thoroughfare. Looking to start your own business great location. Close to malls, Amtrack, Thruway, Bus terminal and local amenities. Great location for mix use live in one and business in the other. Property has a large pavilion and parking lot.
Introducing a fantastic opportunity to own a charming three-family home with excellent owner-occupied potential! This centrally located property features a spacious two-bedroom apartment upstairs, perfect for the owner, while the lower level offers two one-bedroom apartments ideal for generating rental income. Nestled between the vibrant uptown Stockade District and the lively downtown waterfront, you'll enjoy easy access to shopping, art galleries, and an array of wonderful restaurants. This is a rare find in a sought-after location, and it won't last long! Schedule your appointment today and make this versatile property yours!
Three Unit Parcel For Sale Consisting Of TWO Bldgs With All Separate Utilities. The First Bldg Is A Two Story, Legal Two Family Home With (2) One Bedroom Apts Built In 1910. The Second Bldg Consists Of An Almost 700 Sq Ft Single Family Bungalow With One Possible Two Bedrooms, One Story Brick House Built In 1937. Both Bldgs Offer A Full, Unfinished Basement And New Furnaces. The Single Family Home Has An Attic And Sets Directly Behind The Two Family On A Corner Lot On German And Ridge Streets. Taxes Reported Are Representative Of Both Bldgs. Units Need Some Finishing Work; This Is An AS IS Sale***WEEKEND SHOWINGS ONLY; Please Make Appts In Advance***Agents, See Other Remarks For More Information.
A/O 6/1, show for backup. 26 acres adjacent to the former IBM and just off I-87 in an active commercial corridor in Kingston, NY. Very flexible zoning (OM) with a multitude of potential uses. Permitted uses include: Multi-family, Hospital, Education, Hotel, Kennel, Office/Medical, Manufacturing, Heavy Industrial, Junk Yard, Recycle Yard, Self-Storage, and many more. This property is serviced by municipal water/sewer and electrical services. Excellent potential for large warehouse/distribution facility or multi-family development. Zoning allows 1 dwelling unit per 10,000 feet with a 2,500 square foot recreation area. Currently the property has 6 rental properties, barns and storage buildings. Located on a private cul-de-sac road and borders the Esopus Creek. Minutes to major highways including I-87 and Route 9W.,ROOF:Asphalt Shingles,AboveGrade:5672,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors
The median home value in Kingston, NY is $399,000. This is higher than the county median home value of $348,000. The national median home value is $338,100. The average price of homes sold in Kingston, NY is $399,000. Approximately 40.94% of Kingston homes are owned, compared to 48.37% rented, while 10.69% are vacant. Kingston real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kingston real estate agent to arrange a tour today!
Kingston, New York has a population of 23,972. Kingston is more family-centric than the surrounding county with 26.17% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Kingston, New York is $58,840. The median household income for the surrounding county is $71,040 compared to the national median of $69,021. The median age of people living in Kingston is 36.4 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 12.8 degrees. The average rainfall is approximately 48.7 inches per year, with 41.9 inches of snow per year.