$500,000

54 Van Buren Street, Kingston, NY 12401

  • 6 beds
  • 2,398 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $209/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Discover an excellent investment opportunity in the bustling city of Kingston! SELLER FINANCING is available for buyers interested in purchasing multiple—or all—properties in this portfolio. 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!

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:
20250493
  • Appliances: RefrigeratorRange

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

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George Washington School

67 Wall St, Kingston, NY, 12401

Grades PK-4

0.40 miles away

J

J Watson Bailey Middle School

118 Merilina Ave Ext, Kingston, NY, 12401

Grades 5-8

1.25 miles away

K

Kingston High School

403 Broadway, Kingston, NY, 12401

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.