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Multifamily For Sale 2 Multifamily Properties Offered at $925,000 in Kingston, NY
Investment Highlights
- Large lot, Huge rental upside, PRIME UPTOWN KINGSTON LOCATION
Executive Summary
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.
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $925,000 | Number of Properties | 2 |
| Price / SF | $148.43 / SF | Individually For Sale | 0 |
| Cap Rate | 8.23% | Total Building Size | 6,232 SF |
| Sale Type | Investment | Total Land Area | 1.10 AC |
| Status | Active |
| Price | $925,000 |
| Price / SF | $148.43 / SF |
| Cap Rate | 8.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,232 SF |
| Total Land Area | 1.10 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 10 Conway Pl, Kingston, NY 12401 | Multifamily | 4,604 SF | 1900 | - |
| 24 Conway Pl, Kingston, NY 12401 | Multifamily | 1,628 SF | 1930 | - |
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