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About This Home

This 3-bedroom, 2-bathroom residential multi family at 25 S Prospect Street in Kingston, NY is listed for $399,999. Built in 1900, on a 0.07 acres lot.

Agent Description

Income-producing multi-family in the heart of Kingston, New York - and the numbers speak for themselves. 25 South Prospect Street is a well-maintained 2-family property currently generating rental income, offering an investor or owner-occupant an immediate, stabilized return in one of Ulster County's most vibrant and in-demand rental markets.

Unit Breakdown: - Unit 1 - 2 Bedrooms | 1 Full Bath |Fixed Term Lease - Unit 2 - 1 Bedroom | 1 Full Bath | Month-to-Month Tenant With one unit secured on a fixed-term lease and a second on a flexible month-to-month arrangement, this property offers the best of both worlds - guaranteed near-term stability paired with the option to reset rents, reposition the unit, or owner-occupy at your own pace.

Beyond the income, this property delivers the kind of exterior amenities that tenants prioritize and landlords love. A fully fenced backyard provides rare private outdoor space in an urban setting - a premium feature that commands tenant loyalty and justifies top-of-market rents.

The deck adds additional outdoor living appeal, while the shed offers practical storage that tenants genuinely appreciate. A private driveway plus street parking ensures every tenant has a reliable place to park - one less headache for everyone. The basement washer and dryer hookups add significant everyday convenience, keeping tenants comfortable and long-term - one of the most requested features in the Kingston rental market today.

Located on South Prospect Street in Kingston, New York, this property sits within the Kingston City School District and enjoys the full lifestyle appeal that has made Kingston one of the most sought-after cities in the Hudson Valley. Walkable to Uptown Kingston's acclaimed restaurant scene, boutique shops, and arts community, and minutes from the R

ondout Waterfront, Amtrak rail service in Rhinecliff, and the I-87 corridor - this location draws and retains quality tenants with ease. Gross income with room to grow, a turnkey exterior package, and a Kingston address that sells itself - this is exactly the kind of asset Hudson Valley investors are actively competing for. Don't let this one pass you by.

Key Features

  • Built in 1900
  • 0.07 acre lot

Property Details

2 full
1900

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

25 S Prospect Street

Kingston, NY 12401

Features & Amenities

Interior Features

Eat-in KitchenWasher/Dryer Hookup

Property Details

Construction

Vinyl Siding

Pool Features

PatioPorchDeck

Parking

On StreetDriveway

Heating

SteamHot Water(Heating)Oil

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 25 S Prospect Street is listed at $399,999. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.07 acre lot. Interior Features: Eat-in Kitchen, Washer/Dryer Hookup.

This property is listed by Vincent Reda and can be reached at 8453210248 or vincentreda@kw.com.

VR

Vincent Reda

Agent at Keller Williams Realty

(845) 321-0248

Listed by Keller Williams Realty · View on Broker Site

MLS# 995095· Source: listhub· Updated 23 days ago

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25 S Prospect Street, Kingston, NY 12401

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