10-24 Conway Place, Kingston, NY 12401
sale
$925,000
|
Other
Courtesy Of HomeSmart Homes and Estates
Rare Uptown Kingston Value-Add Opportunity! Exceptional six-unit, 2-building multifamily investment featuring six spacious 2-bedroom apartments in one of the Hudson Valley's most sought-after rental markets. This well-maintained property already generates strong, consistent rental income with solid in-place rents, while still offering meaningful upside for the next owner. Two units have been recently renovated, showcasing the property's potential, while the remaining apartments are in good condition and present the opportunity to further increase cash flow through strategic updates and future rent growth, without the need for a full-scale rehab. Whether you're a seasoned investor or looking to add a high-performing asset to your portfolio, this property offers the ideal combination of immediate income, value-add potential, and long-term appreciation. Located in desirable Uptown Kingston, just minutes from the Historic Stockade District, restaurants, shopping, and major commuter routes, the location continues to drive strong rental demand. Properties offering solid current cash flow with clear upside potential are increasingly difficult to find. Don't miss the opportunity to own this standout investment in one of the Hudson Valley's fastest-growing markets.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Architecture Style: Other
- Building Units: 6
- Exterior Type: Frame
- Heating System: Electric (Heating)
- Heating System: Baseboard
- Heating System: Natural Gas
- MLSID: 1026107
- Rooms: Basement
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