17 Adams Street

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17 Adams 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 asset featuring a total of two residential units.
  • Located at 17 Adams Street within the city of Kingston.
  • Strategically positioned in the historic Hudson Valley regional market.
  • Property suits investors looking for manageable residential rental holdings.
  • The building benefits from proximity to local Kingston commercial infrastructure.

What's Special

This multifamily apartment building contains two units and is situated at 17 Adams Street in Kingston, New York. The property serves as a stable residential investment within the Hudson Valley region, an area characterized by its historic character and proximity to the Catskill Mountains. Kingston continues to attract residents seeking a balance of urban convenience and access to natural landscapes, supported by regional transit links to the broader New York metropolitan area. Investors may find value in this asset as a turnkey rental property or a manageable addition to a local portfolio. The dual-unit configuration is suitable for a variety of residential leasing strategies, appealing to tenants looking for proximity to local commercial districts and community amenities. Its location provides tenants with manageable commutes and access to the cultural, dining, and retail options that define this growing submarket.

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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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