$2,625,000
Active
33 Days Online
21 Beds11 Baths8,100 SQFT
Active

1256 North Avenue Beacon, NY 12508

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Rare 10% CAP - Almost Ready Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14 units configured as a Single Resident Occupancy/Air BNB Hostel-Style layout, providing flexibility and versatility for short-term rentals or long-term leases. Prime Location Conveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station. Beacon is a prime residential area, boasting the Dia.Beacon Museum, many shops and food establishments.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyDutchess
  • Taxes$26,000
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive
  • MLS ID NumberH6302056
  • Home Size Source N/A
  • Year Built1950
  • Lot Size0.43 Acres
  • Full Baths11
  • Partial BathsN/A

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General Features

  • Parking Parking LotOff Street
  • Sewer Public Sewer
  • Basement Bilco Door(s)Full
  • Acreage 0.43
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling Window Unit(s)
  • Heating ElectricBaseboard

Community Features

  • Township Beacon
  • Senior Community No

Schools

School District
Beacon
Elementary School
South Avenue School
Middle School
Rombout Middle School
High School
Beacon High School

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Monthly Payment (Est.)

$14,000
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