1. New York
2. Kingston
3. 2-8 Walnut Street

2-8 Walnut Street, Kingston, NY 12401

• 4 beds
• 1,555 sqft

Property Description

Seize this incredible investment opportunity in the rapidly growing city of Kingston! SELLER FINANCING is available for buyers interested in purchasing multiple—or all—properties in this portfolio. This four-family property is fully occupied and brings in a solid gross income of 53k 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.

Listing Status:

Active

Date Added:

March 1, 2025 at 06:00AM

Listing Office:

Century 21 Alliance-NP : 845-255-6163

Listing Agent:

Savannah Miceli : 845-275-9259

MLS ID:

20250490

Interior

• Appliances: RefrigeratorRange

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of Savannah Miceli, Century 21 Alliance-NP