#20250541, Lorrie Morse, Listing Office: L. Morse & Associates
2-8 Walnut St Kingston, NY 12401
Property details
About 2-8 Walnut St
Seize this incredible investment opportunity in the rapidly growing city of Kingston! This four-family property is fully occupied and brings in a solid gross income of 72k 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.
Highlights
Summary
- MLS Number: 20250490
- MLS Name: UlsterCounty
- Office Name: Century 21 Alliance-NP
- Office Phone: (845) 255-6163
- Office Email: c21aliance@aol.com
- Listing Agent: Savannah Miceli
Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/15/2025, 1:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
2-8 Walnut St
$8,016
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
John F Kennedy School
Public District KG-4
0.3 mi
•107 Gross St
4
George Washington School
Public District PK-4
2.1 mi
•67 Wall St
5
Robert R Graves School
Public District KG-4
2.1 mi
•345 Mountain View Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,638. The most common annual income of people living in Kingston, NY is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 2-8 Walnut St in Kingston, NY and zip code 12401. This 1,681 square foot home was built in 1955. Features: 4 bedrooms, 0 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $675,000.
In March 2025, from all listings sold in Kingston, NY there were more than 9 sold above asking price, over 13 sold below and more than 2 were sold right at the asked price. Between February and March 2025, Kingston, NY real estate market has seen decrease in the number of listings by 3.8%. In March 2025 median list price was $389,691 and the average listing age was 73 days.