110 Franklin Street

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110 Franklin Street

Kingston, NY 12401
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Kingston
  • Property contains two distinct residential rental units
  • Located within the 12401 zip code in New York
  • Positioned in a prominent regional residential submarket
  • Asset profile suits investors targeting small-scale housing

What's Special

This two-unit apartment building located at 110 Franklin Street in Kingston offers a practical investment in the Ulster County market. Situated in a city experiencing consistent demand for residential housing, the asset provides a manageable scale for investors looking to expand their portfolio in the Hudson Valley. Kingston serves as a central hub for the region, known for its historic character and growing connectivity to broader New York metropolitan markets. Multifamily assets of this size in the 12401 zip code function well for long-term hold strategies. The property layout supports conventional rental operations, appealing to tenants who prioritize proximity to local amenities and the commercial core. With a stable unit count, the building offers a straightforward management profile suitable for both individual investors and those seeking an entry point into the Kingston housing market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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