235 Smith Avenue, Kingston
MLS® # 20261880
INVESTOR ALERT: 10 Cap Rate Cash Cow in Midtown Kingston
135 Jansen Ave, Kingston, NY 12401
Unlock incredible yield in one of the Hudson Valley's most resilient rental markets. This turnkey duplex is a rare ''cash cow'' opportunity, boasting a 10 Cap Rate in the heart of thriving Kingston. Whether you are looking to expand your portfolio with high-performance multifamily or searching for the perfect house hack to live for free while your tenant pays the mortgage, this property delivers.
The Opportunity
High-Yield Performance: Solid 10 Cap Rate with consistent rental history.
Versatile Layout: Featuring two spacious units (3BR/2BA total building count per tax records), this property is designed for maximum occupancy and low vacancy.
Strategic Location: Situated in Midtown Kingston, you are steps away from the city's best cafes, including Monkey Joe Roasting Co and Village Coffee, and minutes from the historic Stockade and Rondout districts.
Property Highlights
Investor Ready: Strong rental demand driven by proximity to Kingston High School and local employment hubs.
House Hack Potential: Occupy one unit and utilize the premium market rents of Midtown to offset nearly all your carrying.
Proven Market: Kingston continues to see steady appreciation and a robust rental squeeze, making this a defensive and profitable asset for 2026 and beyond.
Don't miss out on a double-digit return in a market where they are increasingly hard to find. Properties with these numbers move fast--schedule your showing today and secure your next high-performing asset.
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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