270 W Saugerties Road, Saugerties, NY 12477

Cap rate at asking price is 9.70% including all expenses, vacancy & repairs/maintenance. Completely renovated 3-family home is located in W Saugerties in the quaint hamlet of Blue Mountain. Just minutes from this property are many hiking/biking trails, swimming holes, ski areas and the Village of Woodstock and Saugertiess. All three units have been renovated in the last 6 months, some offering refinished hard wood floors, and all have new kitchens, baths Sheetrock, flooring and paint. Each unit has its own unique layout and features. All heating systems and hot water heaters are new, most plumbing has been replaced along with some new windows and a full exterior paint job. The two units in the front are completed with excellent tenants, the unit in the back is under final stages of renovation and will be completed on or about November 15, 2020. There is plenty of parking for the tenants along with a storage barn and a nice large level lot. It appears that this building may have been a barn at one time and converted into unique apartments. Please see associated doc's for additional info and income and expense sheet.