2-8 Walnut Kingston, NY 12401
Listing by: ULSTER / Century 21 Alliance Realty Group / Savannah Miceli

  2-8 Walnut Kingston, NY 12401

Active (34 Days)
$675,000
4
BED
1,555
SQFT

Description

Seize this incredible investment opportunity in the rapidly growing city of Kingston! This four-family property is fully occupied and brings in a solid gross income of 72k annually and is at an 8 cap rate. Tenants pay all the electric, maximizing your bottom line and ensuring a hassle-free investment.

This property can be purchased individually, or you can acquire the entire portfolio, which includes five other investment properties—four in Kingston and one in Red Hook. This portfolio option provides an excellent opportunity to scale your investments quickly.

The property features four unique 1-bedroom, 1-bathroom units, ranging in size from 329 sq ft to 493 sq ft, each designed to appeal to tenants seeking cozy, low-maintenance living spaces. This property offers easy access to the city's expanding array of restaurants, shops, and cultural hotspots. With the area's increasing popularity, the potential for rental growth is substantial, making this a savvy investment choice.

With Kingston's real estate market on the rise, this is your chance to capitalize on the momentum.

MLS #:
20250490
Taxes
$12,308
Type
Multifamily
Year Built
1955
School District
Kingston Consolidated
County
Ulster County
Community
City of Kingston

Listed By

Savannah Miceli, Century 21 Alliance Realty Group
Source
ULSTER
Last checked Apr 3 2025 at 6:20 PM GMT+0000
Bathroom Details
Interior Features
  • Appliances: Range
  • Appliances: Refrigerator
Utility Information
  • Sewer: Public Sewer
Parking
  • Off Street
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Alliance Realty Group and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 MLS of Ulster County. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/19/23 08:01