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.
Estimated Payment
$ 3,046.67 per month $2,351.29 Principal & Interest $559.75 Property Tax $135.62 Homeowner's InsuranceListing By
Agency Name: Keller Williams Realty
Agency Contact: 845-928-8000
Shown By
Agent Name: Maggie Mekulovic
Agent Phone: Cell: (917) 623-8996
Agency Title: Coldwell Banker American Homes
167 Salem Street | MLS# 984047
This multi-family property located at 167 Salem Street, Port Ewen, NY 12429 is currently listed for sale with an asking price of $464,999. Salem Street is located within the Kingston school district. Search Port Ewen real estate on mmekulovic.cbamhomes.com today.