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200 Tremper Ave Kingston, NY 12401

Sponsored
For Sale
$470,000

Five-Unit Home, High ROI, Prime Location

Property size:
3,460 SF

Description

Added:
Feb 3, 2025
Days on Market:
341
This exceptional investment opportunity presents a five-unit multi-family property ideally situated in Kingston's vibrant Midtown area. The property, built in 1920, boasts 3,460 square feet on a 0.06-acre lot and offers a compelling 9.16 cap rate, demonstrating its strong financial performance. Currently generating consistent income with solid, existing tenants, this property is poised for continued success. The building comprises two two-bedroom units, two one-bedroom units, and a studio unit with its own private exterior entrance. Unit #2 enjoys convenient access to a backyard featuring a covered porch. Recent upgrades include a new roof and heating system, minimizing future maintenance concerns. The property's location is a key advantage, placing tenants within easy walking distance of Kingston's thriving Uptown area, offering a wealth of cafes, restaurants, and public transportation options. The backyard presents an excellent opportunity for landscaping enhancements, creating additional value and appeal. Given Kingston's continued growth and high demand for rental units, this property represents a secure and lucrative investment prospect. The asking price is $470,000.

Property Features for 200 Tremper Ave

General Information

Property type
Other commercial real estate
Square Feet
3,460 SF
Lot Size
2,614 SF

Building Details

Year Built
1920

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Kingston
County
Ulster County
State
New York
Longitude
-74.00562
Latitude
41.93338

FAQs

What type of property is this?
Commercial real estate - Five-Unit Home, High ROI, Prime Location
Where is this commercial real estate located?
The property is located at 200 Tremper Ave Kingston, NY.
What is the asking price?
The asking price for this property is $470,000.
More about this property
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