1256 North Avenue, Beacon, NY

$2,625,000

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0.43

Acres

About 1256 North Avenue

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.

Features of 1256 North Avenue

MLS® # H6302056
Price $2,625,000
Bathrooms 0.00
Acres 0.43
Taxes $26,000
Year Built 1950
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 1256 North Avenue
City Beacon
County Dutchess County
State NY
Zip Code 12508
Adult 55+ Community No

Amenities

Utilities Trash Collection Private
Parking Off Street, Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Electric Water Heater
Heating Electric
Cooling Wall/Window Unit(s)
Has Basement Yes
Basement Bilco Door(s), Full
Fireplace No

School Information

District Beacon
Elementary SOUTH AVENUE SCHOOL
Middle Rombout Middle School
High Beacon

Additional Information

Date Listed April 19th, 2024
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Valley Realty

Listing Map

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