203-205 Downs Street

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203-205 Downs 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 apartment building available for purchase in Kingston
  • The property features a total of two residential units
  • Located in the 12401 zip code of New York State
  • Asset provides an entry-level opportunity for residential real estate investors
  • Positioned within the active and developing Hudson Valley regional market

What's Special

This multifamily apartment building at 203-205 Downs Street in Kingston, New York, is currently available for sale, presenting an entry-level investment for those focused on residential real estate holdings. Comprising two individual units, this property functions as a manageable asset within a growing regional market. Kingston maintains a distinct identity in the Hudson Valley, benefiting from its proximity to larger metropolitan hubs while retaining a unique architectural and economic character that continues to attract interest from regional investors. Residential assets of this scale are well-suited for buyers seeking to establish or expand a local portfolio in a supply-constrained environment. The property provides a straightforward configuration that could serve as a reliable holding for those prioritizing long-term rental income. Prospective investors can evaluate this building as a stable addition to their current holdings within the 12401 zip code, leveraging the steady demand for rental housing in this established community.

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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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