1256 North Avenue , Beacon, NY 12508
Beacon, NY 12508
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.
Details
| MLS# | H6302056 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 141 |
| Listing Provided By | Keller Williams Valley Realty | Robert B Donnelly |
Features
| Bed(s) | 21 |
|---|---|
| Bath(s) | 11 Total |
| SQ Feet | 8,100 |
| Basement | Y |
| Units | 21 |
| Acreage | 0.43 |
Market Activity 12508
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Learn More About This Property
| State | NY |
|---|---|
| County | Dutchess |
| City | Beacon |
| Zip Code | 12508 |
| Subarea | 99 |
| School District | Beacon High School |
| Elementary School | South Avenue School |
| Middle School | Rombout Middle School |
| High School | Beacon High School |
| Listing VS Median (in 12508) | |
Price: $2,625,000 low | high Med: $499,900 SqFt: 8,100 low | high Med: 2,100 $ / SqFt: $324 low | high Med: $238 On Site: 141 low | high Med: 159.000000 | |