2-8 Walnut Street, Kingston

$675,000

4 Beds
0 Bath
1,555 Sqft
0 Acre
0 Garage

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.

Essential Information
MLS® #20250490
Price$675,000
Bedrooms4
Bathrooms0.00
Square Footage1,555
Acres0.00
Year Built1955
TypeResidential Income
Sub-TypeQuadruplex
StatusActive
Community Information
Address2-8 Walnut Street
AreaKingston,City
CityKingston
CountyUlster
StateNY
Zip Code12401
Amenities
ParkingOff Street
Interior
AppliancesRefrigerator, Range
School Information
DistrictKingston Consolidated
Additional Information
ZoningT4N-O - T4 Neig
Listing Details
AgentSavannah Miceli
Listing Courtesy of Century 21 Alliance-NP
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