Three-Family Brick Investment PropertyWell-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 By
Agency Name: eXp Realty
Agency Phone: 888-276-0630
Shown By
Agent Name: TEAM Rita Bender
Agent Phone: Cell: (631) 871-5470
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 2,866.62 per month $2,142.99 Principal & Interest $578.08 Property Tax $145.54 Homeowner's Insurance
140 Albany Avenue | MLS# 960402
This multi-family property located at 140 Albany Avenue , Kingston, NY 12401 is currently listed for sale with an asking price of $499,000. Albany Avenue is located within the Kingston school district. Search Kingston real estate on www.ritabender.com today.