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Single Family House for Sale in Kingston, Ulster County, NY 12401 | Web ID: 996901 | $395,000

460 Albany , Kingston , NY 12401

 
Single Family in Kingston - Albany  Ulster County, NY 12401Single Family Albany  Ulster County, NY 12401, MLS-996901-2Single Family Albany  Ulster County, NY 12401, MLS-996901-3Single Family Albany  Ulster County, NY 12401, MLS-996901-4Single Family Albany  Ulster County, NY 12401, MLS-996901-5Single Family Albany  Ulster County, NY 12401, MLS-996901-6Single Family Albany  Ulster County, NY 12401, MLS-996901-7
 

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.

Property Information

Location/Town Kingston
Area/County Ulster County
Prop. Type Single Family House for Sale
Tax $13,156.00
Bedrooms 5
Total Baths 2
Full Baths 2
Year Built 1950
Construction Frame
Total Units 3
Lot SqFt 24,282
Cooling Electric
Heat Source Electric
Util Incl Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Days On Market 30
Parking Features Parking Lot
Units 3
School District Kingston
Middle School J Watson Bailey Middle School
Elementary School Harry L Edson School
High School Kingston High School
Features First floor bedroom, first floor full bath
Listing information courtesy of: Exit Realty Connections

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