Three-Family Brick Investment Property
Well-maintained brick three-family home in excellent condition, featuring recent upgrades that make this property a well-run, low-maintenance investment. Located in the heart of the City of Kingston, this turnkey asset offers charm, functionality, and strong upside potential. The property currently generates $4,750 in monthly rental income with separate utilities, with room to increase.
Unit 1 in front has 2 floors, features a spacious living room, large dining area, and kitchen on the main level, with two bedrooms and a full bath upstairs. Through the kitchen, this unit also provides access to a large basement with bonus finished living space. Unit 2, is on first floor with a private entrance in middle, has been freshly painted and showcases beautiful original details, including hardwood floors, New kitchen cabinets, Bathroom and painted tin ceilings. Unit 3, accessed through a separate rear entrance, leads upstairs to a bright one-bedroom, one-bath apartment with a kitchen, living room, enclosed porch, hardwood floors, and original period features that reflect the home's historic character. Additional highlights include separate utilities and three newer on-demand natural gas hot water heaters. This property offers excellent upside potential to strengthen your investment portfolio.
Listing Details
$499,000
Active
Single Family
960402
2/11/2026
7 Day(s) Ago
Property Details
140 Albany Avenue
Kingston
NY
12401
Ulster
0
Full
Brick
1850
