This is your opportunity to invest in a 22-unit multi-family property in the heart of Uptown Kingston. This income-producing building includes a combination of 1-bedroom, Studio, and Room Rentals with a Cap Rate exceeding 9. Recent renovations include new flooring, Kitchenettes, Bathrooms, and Common areas. The building is comprised of 4 living levels, and there is a shared coin-operated laundry facility on the finished lower level. The exterior of the building is all brick offering low maintenance. This is an easy management building, tenants pay rent, and the owner supplies all the utilities. Small rental units in Kingston are extremely desirable, the units are always rented with a very low vacancy. Approximately half of the units are single room occupancy with shared bathrooms.
Listed by: Berardi Realty
- Amy L. Hawks
MLS ID: KEY816701
Last Updated: May 1, 2025
Source: onekey2
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.
Interested in this property? Contact Best American Homes today!
Phone: +1 (516) 792-6252
Email: shah@bestamericanhomes.com
Address: 1561 N Central Ave, Valley Stream, NY 11580