176 Highland Avenue

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176 Highland 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 apartment building available for sale in Kingston, New York.
  • Property features a total of 2 residential units.
  • Located at 176 Highland Avenue in the 12401 zip code.
  • Suitable for investors targeting the steady Hudson Valley housing market.
  • Asset provides a manageable scale for localized residential rental operations.

What's Special

This multifamily apartment building at 176 Highland Avenue in Kingston, New York, is currently offered for sale to investors seeking a residential addition to their portfolio. The property consists of 2 units, providing a straightforward opportunity for small-scale residential management within the Hudson Valley region. Kingston remains a notable market in Ulster County, attracting residents drawn to its historic character, local economy, and accessibility to regional transit corridors. The site is well-positioned for those looking to capitalize on rental demand in a growing submarket where interest in localized residential assets remains steady. Prospective buyers can leverage this asset for long-term rental income or potential value-add strategies suited to the two-unit configuration. Its location offers proximity to neighborhood infrastructure and local services, making it a functional acquisition for private investors or boutique operators. This offering represents a manageable entry point into the Kingston housing market, blending regional growth trends with a clear, two-unit operational structure.

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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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