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Quadplex with Lake Views
New
For Sale
$375,000

348-354 Binnewater Road, Kingston, NY 12401

Residential Income, Kingston, NY

Property SizeContact for details
Lot Size6.10 Acres
Days on Market2

Property Features for 348-354 Binnewater Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Basement, Bathroom 3, Bathroom 1
Parking features On Street, Driveway
Basement Partial, Unfinished
Elementary school Ernest C Myer School
Middle school J Watson Bailey Middle School
High school Kingston High School
Elementary school district Kingston
Middle school district Kingston
High school district Kingston
Standard status Active
APN 4600-062.011-0001-011.100-0000
Lot size 6.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12942

Utilities

Utilities Propane
Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1930
Number of units 4
Building materials Vinyl Siding
Listing Agency: K. Fortuna Realty, Inc.
Listed By: Josephine Diego · License #10401249553
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 7:06AM
MLS# 1039795

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex comprises three buildings with four residential units across a 6.1-acre property overlooking a lake. The main house contains three bedrooms and one bathroom, plus a rear studio apartment. A separate building offers one bedroom and one bathroom, while the third house includes two bedrooms and one bathroom. The property was built in 1930 and has vinyl siding.

The improvements require renovation and are supported by public water, public sewer, and propane utilities. Heating is oil-based. Parking is available in the driveway and along the street. The combination of multiple structures, varied unit layouts, and substantial land provides a flexible residential income configuration.

Key Highlights

  • Three buildings containing four residential units
  • 6.1‑acre property overlooking a lake
  • Main house includes 3 bedrooms, 1 bathroom, and a rear studio apartment

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop Barber Shop Travel Agency Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 12401, NY

35,493
Population
16,914
Households
2.1
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
58.9 sq mi
ZIP Area
603
Density / Sq Mi
$67,426
Median Household Income
$42,503
Median Earnings
$1,300
Median Rent
$285,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units span three buildings on a wooded acreage parcel with public water and sewer.
Where is this quadplex located?
The property is located at 348-354 Binnewater Road Kingston, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three buildings containing four residential units; 6.1‑acre property overlooking a lake; Main house includes 3 bedrooms, 1 bathroom, and a rear studio apartment
More about this property
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