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10-24 Conway Place

Kingston, NY 12401
  • $875,000
  • STATUS: Active
  • MLS #: 1026107
Price Reduced
UPDATED: 28 min ago
$875,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

School District:

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.

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© 2026 OneKey MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-13T00:19:28.97.
www.thisoldhudsonrealestate.com/homes/178826465
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10-24 Conway Place Kingston, NY 12401

  • Price: $875,000
  • Status: Active
  • On Site: Days
  • Updated: 28 min ago
  • MLS #: 1026107
0
Beds
0
Baths
0
½ Baths
0.55
Acres
1930
Built
Neighborhood:
Kingston
County:
Ulster
Area:
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.
Exterior Features

Architectural Style Flats Construction Materials Frame Parking Features Parking Lot Property Attached YN No Waterfront YN No

Interior Features

Basement Details FullUnfinished Basement YN Yes Cooling None Number Of Heat Units 6

Property Features

Annual Rental Income 113700 Building Area Total 6547 Building Features BalconyBuilt-in-FeaturesCeiling Fan(s) Financial Year 2026 Gross Income 113700 Heating BaseboardElectricHot AirNatural Gas Insurance Expense 2479 Lot Size Area 24000 Net Operating Income 82116 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 4 Operating Expense 31584 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Sprinkler System YN No Tax Annual Amount 27983.51 Tax Source Municipality Tenant Pays ElectricityGasHeat Utilities Electricity ConnectedNatural Gas Connected Water Sewer Expense 2400 Water Source Public Zoning T3N

Listing courtesy of Michael Cahill of HomeSmart Homes & Estates: 845-547-0005
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-13T00:19:28.97.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534