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 |
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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 |
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City | Beacon |
County | Dutchess County |
State | NY |
Zip Code | 12508 |
Adult 55+ Community | No |
Amenities
Utilities | Trash Collection Private |
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Parking | Off Street, Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Electric Water Heater |
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Heating | Electric |
Cooling | Wall/Window Unit(s) |
Has Basement | Yes |
Basement | Bilco Door(s), Full |
Fireplace | No |
School Information
District | Beacon |
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Elementary | SOUTH AVENUE SCHOOL |
Middle | Rombout Middle School |
High | Beacon |
Additional Information
Date Listed | April 19th, 2024 |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Valley Realty |
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