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117 Clinton Avenue, Kingston, NY, 12401 | $825,000
Located in the heart of Kingston's vibrant Midtown district, this fully renovated and fully occupied residential income property offers an exceptional turnkey investment opportunity. Renovated in 2023, the property features three well-appointed apartments and a highly desirable three-bay garage, currently generating additional income as rented storage space. Perfectly positioned within walking distance to both Uptown Kingston's historic Stockade District and the thriving Midtown arts and dining corridor, the location continues to benefit from Kingston's strong growth and rental demand.
Each apartment is separately sub-metered and equipped with efficient Mitsubishi ductless Hyper-Heat systems for year-round comfort. Recent upgrades include new luxury vinyl plank flooring throughout, all new plumbing, and new water heaters and in-unit washer/dryer installed in 2025. An internet service provider has been installed in the basement to provide tenant internet access, while exterior security cameras connected to the system allow for convenient remote property monitoring. Ample off-street parking further enhances tenant appeal. A rare opportunity to acquire a fully leased, low-maintenance asset in one of the Hudson Valley's strongest and most dynamic rental markets.
Features
- Bedrooms: 4
- Units: 3
- Lot Size: 40x125
- Laundry: See Remarks
- Year Built: 1950
- Garage: 3-car
- Heating: Ductless
- Cooling: Ductless
- Acreage: 0.11
- Lot Size: 40x125
- Est. Taxes: $12,913
- School District: Kingston
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
- Owner Pays: Electricity
- MLS#: 20262877
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/20262877/117clintonavenue_kingston_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. 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. Source: Hudson Valley Catskills RegionListing courtesy of Potter Realty
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
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117 Clinton Avenue, Kingston, NY, 12401
$825,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.259% | 6.058% |
| Monthly Tax Payment | $1,076 | $1,076 | $1,076 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,696 | $4,010 | $5,525 |
| Total Monthly Payment | $4,864 | $5,178 | $6,693 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535