10-24 Conway Place, Kingston, NY 12401

$925,000

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List Price
$925,000
Days on Market
14
MLS#
1026107
Status
ACTIVE
Property Type
Multi Family
Style
Flats
Year Built
1930
Property Tax
$27,983
Neighborhood
Kingston
School District
Kingston

Property Description

Rare Uptown Kingston Value-Add Opportunity! Exceptional six-unit, 2-building multifamily investment featuring six spacious 2-bedroom apartments in one of the Hudson Valley's most sought-after rental markets. This well-maintained property already generates strong, consistent rental income with solid in-place rents, while still offering meaningful upside for the next owner. Two units have been recently renovated, showcasing the property's potential, while the remaining apartments are in good condition and present the opportunity to further increase cash flow through strategic updates and future rent growth, without the need for a full-scale rehab. Whether you're a seasoned investor or looking to add a high-performing asset to your portfolio, this property offers the ideal combination of immediate income, value-add potential, and long-term appreciation. Located in desirable Uptown Kingston, just minutes from the Historic Stockade District, restaurants, shopping, and major commuter routes, the location continues to drive strong rental demand. Properties offering solid current cash flow with clear upside potential are increasingly difficult to find. Don't miss the opportunity to own this standout investment in one of the Hudson Valley's fastest-growing markets.

Additional Information

Acres
0.55
Parking
Parking Lot
Basement
Full, Unfinished
Heating
Baseboard, Electric, Hot Air, Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Michael Cahill (cahillprore@gmail.com) from Listing Office: HomeSmart Homes & Estates.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.