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  • Price$229,900
  • Acres0.86
  • Built1970

9 - 15 John Yaeger Road, Saugerties

Great investment opportunity! Two side-by-side duplexes share a large yard, conveniently located between Woodstock and Saugerties. The unusually high Cap rate of 12.5 makes this a no-brainer. The four amply-sized units each have two bedrooms and are easily rented. They could generate a low-maintenance rental but can also be easily renovated to create a hip mountain getaway or continuous AirBnB moneymaker. Or turn one duplex into your own living space and have the other offset your expenses. Rents,total $43,800 yearly and while the landlord currently pays for heating -- about $2,500 yearly -- this could readily be changed for all units thereby creating more profit. It seems you just can't lose with this one!

Essential Information

  • MLS® #20165516
  • Price$229,900
  • Acres0.86
  • Year Built1970
  • TypeMulti-Family
  • Sub-Type4 Family
  • StatusPENDING CONTINUE TO SHOW

Amenities

  • GaragesNone

Exterior

  • Lot DescriptionLEVEL, WOODED
  • RoofASPH SHINGLE
  • ConstructionFRAME/STICK

Additional Information

  • ZoningR

Community Information

  • Address9 - 15 John Yaeger Road
  • AreaSaugerties-town
  • CitySaugerties
  • StateNY

Interior

  • AppliancesRANGE, REFRIGERATOR
  • HeatingBASEBOARD, RADIATORS

School Information

  • DistrictSAUGERTIESCENTR
  • ElementaryGRANT MORSE

Listing Details

  • Listing AgentThomas Roberts
  • Listing OfficeLawrence O'Toole Realty
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