54 Van Buren Kingston, NY 12401
Listing by: ULSTER / Century 21 Alliance Realty Group / Savannah Miceli

  54 Van Buren Kingston, NY 12401

Active (34 Days)
$500,000
6
BED
2,398
SQFT

Description

Discover an excellent investment opportunity in the bustling city of Kingston! This property can be purchased individually, or as part of an attractive portfolio that includes five additional investment properties—four in Kingston and one in Red Hook.

This two-family property is fully rented and brings in a solid gross income of 50k annually and is at an 8 cap rate. Tenants are responsible for all utilities except for water and sewer, minimizing your expenses and enhancing your profit margins.

Both units are generously sized at 1,199 sq ft each, featuring 3 bedrooms and 1 bathroom. The spacious layouts make these apartments highly appealing to tenants seeking comfortable living in Kingston's vibrant rental market. The city's growth continues to attract residents, ensuring consistent demand for well-located rental properties like this one.

Situated in a rapidly developing area, this property offers easy access to shops, restaurants, and cultural attractions. The city's increasing popularity makes this an ideal time to invest and benefit from potential appreciation and rental growth.

Securing the full portfolio presents an excellent opportunity to expand your investment reach and diversify your income streams.

With Kingston's real estate market on the rise, this is a chance to secure a high-potential asset in one of the Hudson Valley's most desirable locations. Act quickly—opportunities like this won't last long!

MLS #:
20250493
Taxes
$4,533
Type
Multifamily
Year Built
1900
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 7:15 AM GMT+0000
Bathroom Details
Interior Features
  • Appliances: Range
  • Appliances: Refrigerator
Utility Information
  • Sewer: Public Sewer
Location
   
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Estimated Monthly Mortgage Payment

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

Listing price
Down payment
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Interest rate
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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