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Listed by: Century 21 Alliance-NP
$ 675,000
Est. payment | /mo
4 Beds
1,555 SqFt
$ 675,000
Est. payment | /mo
4 Beds
1,555 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,555 sqft
Price per Sqft $434
MLS Listing ID 20250490
Bedrooms 4
Year Built 1955
Annual Tax Amount $12,308
Tax Year 12308
Property Sub-Type Quadruplex
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
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.
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.
Location
State NY
County Ulster
Area Kingston, City
Zoning T4N-O - T4 Neig
Exterior
Porch Porch
Building
Sewer Public Sewer
Water Public
Schools
High Schools Kingston Consolidated
School District Kingston Consolidated
Others
Tax ID 56.36-4-9