18 Elmendorf

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18 Elmendorf

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 18 Elmendorf in Kingston.
  • The property for sale features a total of two residential units.
  • Kingston acts as a key residential center within the Hudson Valley.
  • Small-scale investment property suitable for long-term rental income strategies.
  • Positioned within the growing and accessible Ulster County real estate market.

What's Special

This multifamily property at 18 Elmendorf in Kingston, New York, is available for sale and presents a clear acquisition target for local real estate investors or those seeking a small-scale residential asset. Comprised of two units, the building fits well into the regional rental market within Ulster County. Kingston serves as a central hub in the Hudson Valley, benefiting from its proximity to major transit corridors and a consistent demand for housing driven by its historical significance and ongoing economic development. The property provides a straightforward residential investment opportunity for an owner-operator or a small portfolio holder looking to capitalize on the area's steady population trends. Given the asset's size and configuration, it is well-suited for long-term rental strategies that cater to the diverse workforce and professionals moving into this growing suburban and semi-urban market.

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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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