460 Albany, Kingston, NY 12401
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460 Albany, Kingston, NY 12401
460 Albany, Kingston, NY 12401
460 Albany, Kingston, NY 12401
460 Albany, Kingston, NY 12401
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$ 395,000
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460 Albany Kingston, NY 12401

5 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 996901

Bedrooms 5

Full Baths 2

Rental Info No

Year Built 1950

Annual Tax Amount $13,156

Property Sub-Type Triplex

Source onekey2

Property Description

Located in the heart of the rapidly evolving Midtown Kingston corridor, this mixed-use investment property offers immediate cash flow with substantial upside potential. The property consists of three units, including two occupied residential apartments and one vacant commercial space with the possibility of conversion to an additional residential unit, subject to municipal approvals.

Unit one features a spacious two-bedroom layout, while unit two offers a large two-bedroom floor plan with an additional den, ideal for a home office, guest room, or flex space. Both residential units are occupied by paying tenants in good standing, providing stable existing income from day one.

The vacant commercial space presents a compelling value-add opportunity for investors seeking to maximize returns through redevelopment or residential conversion. With a private parking lot and flexible configuration options, the property is well-positioned to capitalize on the continued growth and demand in Midtown Kingston.

Projected rental income has the potential to exceed $5,000 per month once fully optimized. Conveniently located near restaurants, shops, the arts district, Uptown Kingston, and the Rondout waterfront, this is an opportunity to invest in one of the Hudson Valley's most active and expanding markets.

Ideal for investors, owner-occupants, or those seeking a mixed-use asset with long-term growth potential.

Location

State NY

County Ulster County

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Electric

Cooling Electric

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Harry L Edson School

Middle Schools J Watson Bailey Middle School

High Schools Kingston

School District Kingston

Others

Senior Community No

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Exit Realty Connections • Siobhan Brosnan
Moshe Bursuker

Moshe Bursuker

Agent

+1(917) 442-2961

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460 Albany