167 Salem Street
Property Description
Charming farmhouse-style 2-family investment property in the heart of Port Ewen, New York - a rare turnkey opportunity in one of Ulster County's most sought-after hamlets. Set on a quiet street just minutes from the Village of Kingston, this beautifully maintained multi-family home offers 1,952 total square feet across two well-appointed units, each featuring 2 bedrooms and 1 full bath. Both units are currently leased to quality tenants under fixed-term leases, making this an immediate income-producing asset from day one - no vacancy, no waiting. Whether you're a seasoned investor looking to expand your Hudson Valley rental portfolio or a buyer seeking a smart house-hack opportunity, 167 Salem Street delivers steady cash flow in a market with consistently strong rental demand. The farmhouse aesthetic lends warmth and character that tenants love and the market rewards. Additional highlights include basement laundry - a highly desirable feature that adds everyday convenience for both units - private driveway parking, and street parking for added flexibility. Ideally situated in Port Ewen within the Kingston School District and offering easy access to Route 9W, I-87, and the Rhinecliff Bridge, this location is a commuter's dream and a tenant's haven. Minutes from the vibrant arts scene, dining, and waterfront charm of Kingston, New York, and surrounded by the natural beauty of the Hudson River Valley. Multi-family properties with active leases, farmhouse character, and this level of location appeal in Ulster County are exceptionally rare at this price point. Investors - add this one to your must-see list. It won't last.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $459,999 |
| Year Built: | 1890 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NYSMLS-11741228
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