$475,000
$470,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
2,787 Sqft Lot
SOLD DATE : 08/19/2025
Key Details
Sold Price $475,000
Property Type Other Types
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 814124
Sold Date 08/19/25
Rental Info No
Year Built 1920
Annual Tax Amount $12,483
Lot Size 2,787 Sqft
Acres 0.064
Property Sub-Type Multi Family
Source onekey2
Property Description
This is a great opportunity to invest in the heart of Kingston's Midtown. This profitable five-unit home is a proven money maker with solid tenants in place and a 9.16 cap rate. Built in 1920 and just a few blocks from Uptown Kingston. Perfectly situated near much of what makes this area so special. Rental units are in high demand as Kingston continues to grow. Two 2-bedroom units, two 1-bedroom units, and one studio with its own exterior entrance. Unit #2 has access to the backyard with a covered porch. The heating system and roof are new. Tenants are just a few blocks from cafes, restaurants, and public transportation. The backyard is ready for landscaping to create some quality outdoor space.
Location
State NY
County Ulster County
Rooms
Basement Finished
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Natural Gas Connected, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Chambers
High Schools Kingston
School District Kingston
Others
Special Listing Condition None
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Bought with Non-Member MLS
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Broker | License ID: 10491211077
515 Madison Ave 8th Floor # 8094, York, NY, 10022, United States