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 Valley's most active and expanding markets.
Ideal for investors, owner-occupants, or those seeking a mixed-use asset with long-term growth potential.
84 days
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632
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25
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Zillow last checked:
Listing updated:
Listed by:
Exit Realty Connections845-298-6034,
Siobhan Brosnan845-242-1400
Source: HVCRMLS,MLS#: 20262218
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 13
Bathrooms: 2
Interior area
Total structure area: 3,200
Total interior livable area: 3,200 sqft
Finished area above ground: 4,544
Finished area below ground: 0
Property
Features
Stories: 3
Lot
Size: 0.55 Acres
Details
Parcel number: 080004807400010460000000
Zoning: T4N-O
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Condition
New construction: No
Year built: 1950
Community & HOA
HOA
Has HOA: No
Location
Region: Kingston
Financial & listing details
Price per square foot: $123/sqft
Tax assessed value: $334,000
Annual tax amount: $13,714
Date on market: 5/21/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,654/mo
Price history
Date
Event
Price
7/29/2026
Pending sale
$395,000$123/sqft
Source: OneKey® MLS as distributed by MLS GRID #996901Report a problem
5/21/2026
Listed for sale
$395,000+690%$123/sqft
Source: OneKey® MLS as distributed by MLS GRID #996901Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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