Property Description

Nestled in one of Kingstons most desirable neighborhoods, this beautifully maintained two-family property offers a rare combination of historic Hudson Valley charm, significant capital improvements, and outstanding investment potential. Ideally positioned just minutes from both Kingstons vibrant Rondout Waterfront and the historic Uptown Stockade District, youll be surrounded by acclaimed restaurants, cozy coffee shops, art galleries, boutique shopping, live music venues, and the ever-popular Kingston Farmers Market.The property features two spacious apartments consisting of a 3-bedroom, 2-bath unit and a 1-bedroom, 1-bath unit. Both apartments showcase the character and warmth that make Kingstons historic homes so desirable, with abundant natural light, inviting living spaces, and classic architectural details throughout. The lower unit also includes the convenience of an in-unit washer and dryer.Step outside to enjoy a private backyard garden, offering a secluded outdoor retreat rarely found this close to the heart of Kingston. Surrounded by mature landscaping, the yard provides a sense of privacy and tranquility while still being just moments from the citys restaurants, shops, and waterfront attractions. Whether gardening, entertaining, or simply enjoying a morning coffee outdoors, this inviting space adds to the propertys charm and appeal.Extensively renovated over the years, the building underwent a gut renovation in approximately 2003/2008 and has continued to receive thoughtful updates and maintenance. Recent improvements include a brand-new roof installed in 2025, replacement HVAC systems in 2024, new gutters in 2024, a new heating system for the upper apartment, and a replaced hot water heater serving the lower unit. These major upgrades provide peace of mind and make this a truly turnkey opportunity.One apartment will be delivered vacant, creating flexibility for an owner-occupant looking to offset expenses with rental income or an investor seeking immediate upside potential. Both units are currently rented below market value, offering the opportunity to increase income over time. There is virtually nothing left to do but move in, rent out, and enjoy the benefits of ownership.Beyond the property itself, Kingston continues to be one of the Hudson Valleys most sought-after destinations. Spend weekends exploring the Rondouts waterfront dining scene, local boutiques, art galleries, and seasonal events, or venture to nearby favorites such as Woodstock, Rhinebeck, New Paltz, and the Catskill Mountains. With convenient access to New York City in approximately two hours, Kingston remains a favorite destination for both full-time residents and weekend visitors seeking the best of Hudson Valley living.Whether youre looking for a strong income-producing asset, an owner-occupied investment opportunity, or a beautifully updated property in a prime location, this exceptional two-family home delivers the perfect balance of charm, location, privacy, and long-term value.Income and expense information available upon request.

Property Features

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