113 Spring Street

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113 Spring 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 located at 113 Spring Street in Kingston.
  • The property consists of two distinct residential units for investors.
  • Kingston provides a strategic position within the greater Hudson Valley.
  • Residential configuration supports stable occupancy in a growing regional market.

What's Special

This two-unit multifamily asset is located at 113 Spring Street in Kingston, New York. Situated in the Hudson Valley, Kingston serves as a central hub for the region, balancing historic character with a growing demand for residential housing. The property offers a straightforward opportunity for investors focused on small-scale residential holdings within a well-established community. As an apartment building, this asset is positioned to serve local housing needs, appealing to long-term tenants seeking proximity to the downtown area and major transit routes like the New York State Thruway. The layout and scale of this multifamily building make it a practical acquisition for portfolio diversification or those entering the Kingston rental market. Its location within the 12401 zip code ensures steady accessibility to the broader metropolitan area's amenities and employment centers.

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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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