18-20 Hewitt Place

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18-20 Hewitt Place

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 in Kingston New York
  • Asset features a total of two residential units
  • Property situated at the address 18-20 Hewitt Place
  • Region offers proximity to major Hudson Valley transit hubs
  • Investment suitable for residential portfolio expansion

What's Special

This multifamily apartment building contains two units and is situated at 18-20 Hewitt Place in Kingston, New York. The property is positioned within a historic regional hub in the Hudson Valley, an area characterized by a steady influx of residents seeking a balance of urban convenience and proximity to natural landscapes. Kingston has experienced consistent economic development, supported by its role as a cultural and transit center for Ulster County. Given the current configuration of the asset, this building provides a straightforward acquisition for investors targeting small-scale residential holdings or those looking to expand their portfolio within the regional rental market. The layout supports efficient property management, making it a functional addition for operators interested in the local housing sector.

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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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