119 Clinton Avenue

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119 Clinton Avenue

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 residential building located at 119 Clinton Avenue
  • Asset consists of two distinct rental units
  • Strategically situated within the city of Kingston
  • Suitable for long-term residential investment portfolios
  • Marketed as a direct purchase opportunity for investors

What's Special

This multifamily property at 119 Clinton Avenue in Kingston is currently available for sale, presenting a steady addition for an investor looking to enter the Hudson Valley market. Comprised of 2 units, the asset functions as a straightforward residential holding within this historic city. Kingston has evolved into a significant regional hub, characterized by a mix of growing residential demand and a strong professional community. The property is well-positioned for those seeking a manageable residential asset in a central location that draws tenants from the broader Ulster County area. Whether utilized for long-term rental income or as part of a larger portfolio expansion, the configuration allows for flexible leasing strategies. Its placement in a municipality known for ongoing revitalization efforts and proximity to major regional transit corridors makes it a viable option for buyers prioritizing steady performance in a smaller apartment building format.

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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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