REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 399,999
Est. payment | /mo
3 Beds
2 Baths
1,344 SqFt
$ 399,999
Est. payment | /mo
3 Beds
2 Baths
1,344 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $297
MLS Listing ID 11741246
Bedrooms 3
Full Baths 2
Year Built 1900
Annual Tax Amount $6,303
Property Description
Income-producing multi-family in the heart of Kingston, New York - and the numbers speak for themselves. 25 South Prospect Street is a well-maintained 2-family property currently generating rental income, offering an investor or owner-occupant an immediate, stabilized return in one of Ulster County's most vibrant and in-demand rental markets. Unit Breakdown: • Unit 1 - 2 Bedrooms | 1 Full Bath |Fixed Term Lease • Unit 2 - 1 Bedroom | 1 Full Bath | Month-to-Month Tenant With one unit secured on a fixed-term lease and a second on a flexible month-to-month arrangement, this property offers the best of both worlds - guaranteed near-term stability paired with the option to reset rents, reposition the unit, or owner-occupy at your own pace. Beyond the income, this property delivers the kind of exterior amenities that tenants prioritize and landlords love. A fully fenced backyard provides rare private outdoor space in an urban setting - a premium feature that commands tenant loyalty and justifies top-of-market rents. The deck adds additional outdoor living appeal, while the shed offers practical storage that tenants genuinely appreciate. A private driveway plus street parking ensures every tenant has a reliable place to park - one less headache for everyone. The basement washer and dryer hookups add significant everyday convenience, keeping tenants comfortable and long-term - one of the most requested features in the Kingston rental market today. Located on South Prospect Street in Kingston, New York, this property sits within the Kingston City School District and enjoys the full lifestyle appeal that has made Kingston one of the most sought-after cities in the Hudson Valley. Walkable to Uptown Kingston's acclaimed restaurant scene, boutique shops, and arts community, and minutes from the Rondout Waterfront, Amtrak rail service in Rhinecliff, and the I-87 corridor - this location draws and retains quality tenants with ease. Gross income with room to grow, a turnkey exterior package, and a Kingston address that sells itself - this is exactly the kind of asset Hudson Valley investors are actively competing for. Don't let this one pass you by.
Location
State NY
County 36111
Rooms
Basement Partial
Dining Room 0
Kitchen 0
Building
Sewer Municipal
Water Municipal
NEARBY SCHOOL & BUSINESS