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Kingston Three-Family Brick Investment Property

140 Albany Ave, Kingston, NY 12401

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For Sale

$499,000

Well-maintained, updated three-family property with strong income potential.

Type:Investment

HighLights

Turnkey three‑family brick property generating $4,750 in monthly rental income with upside potential.
Well‑maintained with recent upgrades, offering a low‑maintenance investment.
Located in the heart of Kingston with a high walkScore of 84 and bikeScore of 77.
Separate utilities for each unit, including three newer on‑demand natural gas hot water heaters.
Unit 2 features a new kitchen, bathroom, painted tin ceilings and freshly painted walls.
Unit 1 includes a large basement with bonus finished living space.

We can help!

Listing Contact

Jason W. Schobert

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For Sale

$499,000

Well-maintained, updated three-family property with strong income potential.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 59
Last Refresh:: Apr 24 at 8:12 pm

Property Features for 140 Albany Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1850

We can help!

Listing Contact

Jason W. Schobert

Listing agent Jason W. Schobert License #10401343949

Listing office eXp Realty

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

HighLights

Turnkey three‑family brick property generating $4,750 in monthly rental income with upside potential.
Well‑maintained with recent upgrades, offering a low‑maintenance investment.
Located in the heart of Kingston with a high walkScore of 84 and bikeScore of 77.
Separate utilities for each unit, including three newer on‑demand natural gas hot water heaters.
Unit 2 features a new kitchen, bathroom, painted tin ceilings and freshly painted walls.
Unit 1 includes a large basement with bonus finished living space.

Overview

This well-maintained brick three-family home is in excellent condition, featuring recent upgrades. 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. The location is very bikeable with a bike score of 77 and very walkable with a walk score of 84.

Location Intelligence

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Triplexes

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Location Insight

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Local Demand

City: Kingston
County: Ulster
State: New York
Longitude: -74.008365
Latitude: 41.9325763

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For sale
Triplexes
NY
Kingston
12401
140 Albany Ave

What type of property is this?

Triplex - Well-maintained, updated three-family property with strong income potential.

Where is this triplex located?

The property is located at 140 Albany Ave Kingston, NY.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: Turnkey three‑family brick property generating $4,750 in monthly rental income with upside potential.; Well‑maintained with recent upgrades, offering a low‑maintenance investment.; Located in the heart of Kingston with a high walkScore of 84 and bikeScore of 77.