Price Reduced 4.55%
Price History
$2,750,000
4/19/2024
$2,625,000
5/13/2024
1256 North Avenue, Beacon, NY, 12508
21 beds
11 Full baths
1950
Multi Family
8,100 sqft
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.
Status:
Active
Type:
Multi-family
Units:
21
Heating:
Electric, Baseboard
Cooling:
Window Unit(s)
Basement:
Bilco Door(s), Full
Parking:
Parking Lot, Off Street
Acreage:
0.43
Est. Taxes:
$26,000
Assessment
$533,000
Elementary School:
South Avenue School
Middle School:
Rombout Middle School
High School:
Beacon High School
School District:
Beacon
MLS #:
H6302056
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of KELLER WILLIAMS VALLEY REALTY (201) 391-2500