ULSTER-Town of NY - ID: 20230291
On the Market
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Property Type: Mixed Use
Description: Welcome to 9 Stahlman Place, an exceptional investment opportunity in the sought-after Lincoln Park neighborhood of Kingston, NY. This charming 3 bedroom, 1 bathroom home is not only a comfortable and spacious residence or rental, but it also includes two highly-visible billboards located just off Ulster ave, that can generate steady income for either an owner occupant or as an investor looking for a diversified stream of revenue. This classic 1920s home features a bright and airy living room with large windows, craftsman style trim and beams, and an adjacent dining room that opens to a spacious kitchen. The primary bedroom is located downstairs adjoining to the full bathroom. While upstairs, you will find the additional two bedrooms. The property also features a fully enclosed sun porch, unfinished basement and spacious backyard, as well as a large 1-car detached garage with ample off street parking. With hardwood floors, updated electric, high efficiency furnace and central air, you will find efficiency and comfort in this cozy home. The added bonus of the two billboards gives incredible versatility to this property which is also zoned “Highway Commercial†meaning you can have a variety of income streams and uses. Whether you occupy the home and operate the billboards as a profitable business, continue renting to the existing tenant (on a Month to Month lease), sublease the billboards for commercial use while getting passive income, or even use the house as a commercial place of business/offices/retail; you’ll be sure to find 9 Stahlman Pl. a valuable asset in your investment portfolio or a great house hack! Don't miss this opportunity to own a valuable piece of real estate with multiple sources of income. With its prime location just steps from Ulster ave and the high visibility billboards, make 9 Stahlman Place your next investment and enjoy the financial benefits for years to come! FEATURES: NUMBER OF UNITS: 1
ZONE: 35 LOT DIMENSIONS: 40 X 100 ELECTRICITY: 100 Amps, Generator Hookup LOT FEATURES: Level LOT/SITE: City |
Listing courtesy of: Bhhs Hudson Valley Prop-Np / Listing Agent: Jesse Chason
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Copyright © 2024 by the Multiple Listing Service of Ulster County and Catskill Mountain Realty. All rights reserved.
This page is to be linked to only from CatskillMountainRealty.com