$2,625,000
1256 North AVE Beacon, NY 12508
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$2,625,000
Est. payment /mo
21 BD
11 BA
8,100 SqFt
Active
1256 North AVE Beacon, NY 12508
UPDATED:
05/20/2024 06:10 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,100 sqft
Price per Sqft $324
MLS Listing ID H6302056
Bedrooms 21
Full Baths 11
Originating Board onekey
Rental Info No
Year Built 1950
Annual Tax Amount $26,000
Lot Size 0.430 Acres
Acres 0.43
Property Description
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.
Location
State NY
County Dutchess
Rooms
Basement Bilco Door(s), Full
Interior
Heating Electric, Baseboard
Cooling Window Unit(s)
Fireplace N
Exterior
Garage Parking Lot, Off Street
Parking Type Parking Lot, Off Street
Garage false
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools South Avenue School
Middle Schools Rombout Middle School
High Schools Beacon High School
School District Beacon
Others
Senior Community No
Special Listing Condition None
Listed by Keller Williams Valley Realty • (201) 391-2500
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