200 Harry Wells Rd - 200 Harry Wells 2,380 SF Specialty Building Offered at $569,000 at a 11.72% Cap Rate in Saugerties, NY 12477

Exceptional Investment Opportunity in Saugerties, NY
Prime Turnkey Rental Property - Booked out every weekend this year.
Unlock the potential of this exceptional turnkey rental property situated in the highly sought-after area of Saugerties, NY. This property offers an unparalleled opportunity for savvy investors looking to capitalize on the thriving real estate market. With 4 spacious bedrooms, including a luxurious primary suite, this home is designed to attract tenants eager for comfort and convenience.
Key Highlights: Attractive Cap Rate of 11.6%: Take advantage of a competitive cap rate that promises robust returns on your investment. This property stands out in the market, ensuring consistent income streams that are hard to beat!
Generous Gross Income: The property boasts a total gross income of over $96,000, providing a solid financial foundation for new owners. With multiple sources of income and an attractive rental market, your investment could flourish!
Cost Segregation Benefits: Make the most of your investment with cost segregation strategies that allow for accelerated depreciation, significantly enhancing your cash flow. This means more money in your pocket sooner, a key advantage for any investor.
Spacious Layout: Featuring 4 spacious bedrooms, including 1 master suite with a bonus room for kids, this property is designed for both comfort and style. Guests will appreciate the thoughtful layout and modern aesthetics throughout.
Prime Location: Nestled in the charming town of Saugerties, this property is just minutes away from local amenities, parks, shopping areas, and vibrant community events. Its strategic location ensures high demand from potential renters.
Low Maintenance: This property is turn-key, meaning there’s minimal work needed before you start earning rental income. Say goodbye to extensive renovations and hello to immediate cash flow!