205-207 Chestnut Street

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205-207 Chestnut 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 sale in Kingston
  • Property features a total of three residential units
  • Located at 205-207 Chestnut Street in the 12401 zip code
  • Positioned within the growing Hudson Valley rental market
  • Suitable asset for residential investment and portfolio growth

What's Special

This multifamily property at 205-207 Chestnut Street in Kingston, New York, is currently available for purchase by investors seeking to expand their residential holdings. Comprising three units, the asset is situated in a city that serves as a central hub for the Hudson Valley, benefiting from consistent demand for housing driven by its proximity to regional transit corridors and a growing professional demographic. The building is well-positioned for an owner-operator or an investor focused on the rental market within this historic upstate community. The layout and configuration of these units support traditional long-term residential leases, providing a stable foundation for a portfolio. Kingston remains a notable submarket characterized by its architectural appeal and strong rental occupancy rates. Prospective buyers will find this apartment building fits established strategies for residential acquisition in a market that balances historic character with proximity to the amenities and economic activities of the broader New York metropolitan region.

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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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