RARE GEM! CASH COW! High-Yield 7.5% Duplex Investment on Jansen Ave - Kingston, NY Address: 135 Jansen Avenue, Kingston, NY 12401 Seize a prime opportunity to invest in Kingston's booming real estate market with this exceptional duplex, generating a robust 7.5% CAP Rate! This property is a true "cash cow" offering immediate, significant returns at a competitive price of $459,000. Kingston continues to be a magnet for renters, fueled by its vibrant arts scene, historic charm, burgeoning culinary landscape, and a strong sense of community. The demand for quality rental housing remains incredibly high, ensuring consistent occupancy and income for savvy investors. Investment Highlights You Can't Afford to Miss: Exceptional 7.5% Capitalization Rate: This impressive CAP rate signifies a powerful return on investment, far exceeding typical market averages and positioning this property as a top-tier income producer. Solid Annual Rental Income of $45,600: Benefit from a strong, established cash flow stream from day one, providing immediate financial stability and growth potential. Desirably situated, residents enjoy convenient access to Kingston's Uptown Stockade District, the historic Rondout Waterfront, numerous shops, restaurants, galleries, and public transportation. Highly Desirable Duplex Layout: Offering two separate, attractive units, this property appeals to a wide range of tenants, ensuring consistent demand and minimizing vacancy risk in Kingston's competitive rental market. The spacious first-floor unit will be vacant at the beginning of August! This opens up incredible possibilities: Live in One, Let Rent Cover Your Mortgage: Imagine significantly reducing or even eliminating your housing costs by living in one unit and using the income from the other to offset your mortgage payment. This is the ultimate "house hacking" strategy, allowing you to build equity and wealth while enjoying life in vibrant Kingston. Rent Out Both Units for Exceptional Returns: For the pure investor, this immediate vacancy means you can quickly place a new tenant at current market rates, ensuring an uninterrupted income stream and maximizing your already impressive 7.5% CAP rate. Kingston's Growth Trajectory: Invest in a market that continues to see strong appreciation and rental growth, promising long-term equity gains in addition to robust cash flow. Don't let this extraordinary opportunity slip away! Whether you're expanding an existing portfolio or looking for a secure and high-performing entry into real estate investment, 135 Jansen Avenue delivers on all fronts. Detailed financial analysis and property specifics are available for serious, qualified buyers. Contact info - (516) 591-2704 today to schedule your private showing and secure this Kingston cash cow!
Off market
$336,842
135 Jansen Ave, Kingston, NY 12401
4beds
1,994sqft
MultiFamily
Built in 1891
-- sqft lot
$-- Zestimate®
$169/sqft
$2,449 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- SMOKE DETECTOR, CARBON MONIXIDE DETECTOR
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Finished
- Attic: WALK UP
Interior area
- Total interior livable area: 1,994 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 3,484 sqft
- Features: LEVEL, LANDSCAPED
Details
- Parcel number: 5108005626918
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
Condition
- Year built: 1891
Utilities & green energy
- Sewer: MUNICIPAL
Community & neighborhood
Location
- Region: Kingston
Other
Other facts
- Class: MULTI-FAMILY
- For Sale: For Sale
- Type: 2 Family
- APPLIANCES: RANGE, REFRIGERATOR, DISHWASHER
- CONSTRUCTION: FRAME/STICK
- COOLING/AIR CONDITIONING: CEILING FAN
- HEATING FUEL: ELECTRIC, NATURAL GAS
- HEAT SOURCE: BASEBOARD
- HOT WATER: ELECTRIC
- ROOF: ASPH SHINGLE
- BASEMENT: FULL
- FLOORS: CERAMIC, VINYL, WOOD
- LEASE TYPE: MONTH TO MONTH
- LOT/SITE: CITY
- OWNER PAYS: INSURANCE, TAXES
- PLUMBING: MIXED
- SEWER: MUNICIPAL
- STYLE: TWO STORY
- LOT FEATURES: LEVEL, LANDSCAPED
- TENANT PAYS: ALL UTILITIES
- ATTIC: WALK UP
- SIDING: VINYL
- ELECTRICITY: 200 AMPS
- PORCH: DECK
- INTERIOR FEATURES: SMOKE DETECTOR, CARBON MONIXIDE DETECTOR
- KITCHEN DESCRIPTION: CABINETS WOOD, COUNTRY
- AMENITIES: PUBLIC TRANSPORTATION
- EXTERIOR FEATURES: LANDSCAPED, FENCED FULL
- MISCELLANEOUS FEATURES: CEILING-VAULTED
- WATER: COMMUNITY
- Neighborhood: DOWNTOWN
- Listing Agreement: Yes
- Townships: City of Kingston