Seize this incredible investment opportunity in the rapidly growing city of Kingston! SELLER FINANCING is available for buyers interested in purchasing multiple—or all—properties in this portfolio. This four-family property is fully occupied and brings in a solid gross income of 53k annually and is at an 8 cap rate. Tenants pay all the electric, maximizing your bottom line and ensuring a hassle-free investment.
This property can be purchased individually, or you can acquire the entire portfolio, which includes five other investment properties—four in Kingston and one in Red Hook. This portfolio option provides an excellent opportunity to scale your investments quickly.
The property features four unique 1-bedroom, 1-bathroom units, ranging in size from 329 sq ft to 493 sq ft, each designed to appeal to tenants seeking cozy, low-maintenance living spaces. This property offers easy access to the city's expanding array of restaurants, shops, and cultural hotspots. With the area's increasing popularity, the potential for rental growth is substantial, making this a savvy investment choice.
With Kingston's real estate market on the rise, this is your chance to capitalize on the momentum.
Active
$675,000
2-8 Walnut Street, Kingston, NY 12401
3beds
1baths
1,555sqft
Quadruplex, Multi Family
Built in 1955
-- sqft lot
$656,300 Zestimate®
$434/sqft
$-- HOA
What's special
Cozy low-maintenance living spaces
- 55 days
- on Zillow |
- 873 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 04:45pm
Listing by:
Century 21 Alliance-NP 845-255-6163,
Savannah Miceli 845-275-9259
Source: HVCRMLS,MLS#: 20250490

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Appliances
- Included: Refrigerator, Range
Interior area
- Total structure area: 1,555
- Total interior livable area: 1,555 sqft
- Finished area above ground: 1,681
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Patio & porch: Porch
Details
- Parcel number: 56.3649
- Zoning: T4N-O - T4 Neig
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Kingston
Financial & listing details
- Price per square foot: $434/sqft
- Tax assessed value: $385,965
- Annual tax amount: $12,308
- Date on market: 3/1/2025
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