460 Albany Avenue, Kingston, NY 12401

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Property Description

Creative financing considered. 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 Valleys most active and expanding markets.Ideal for investors, owner-occupants, or those seeking a mixed-use asset with long-term growth potential.

460 Albany Avenue | MLS# 20262218

This multi-family property located at 460 Albany Avenue, Kingston, NY 12401 is currently listed for sale with an asking price of $395,000. Albany Avenue is located within the Kingston Consolidated school district. Search Kingston real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.55 Acres
Taxes: $13,714
Year Built: 1950

Feature Descriptions

Parcel #: 080004807400010460000000
SQFT Total: 3200
Units: 3

Local Schools

Elementary School: Ernest C. Myer School
School District: Kingston Consolidated

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Estimated Payment

$ 2,137.14 per month $879.10 Principal & Interest $1,142.83 Property Tax $115.21 Homeowner's Insurance

Change Payment Information

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Demographics

Listed By / Shown By

Listing By

Agency Name: Exit Realty Connections

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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