1256 North Avenue

Beacon, NY 12508
$2,625,000
21 beds | 11 baths | 0.43 acres | #H6302056

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.

  • Interior Details
    • Heating & Cooling
      • Cooling:Window Unit(s)
      • Heating:Electric, Baseboard
    • Beds & Baths
      • Bedrooms:21
      • Bathrooms:11
      • Full Baths:11
  • Property Details
    • Measurements
      • Acres:0.43
    • Parking
      • Parking features:Parking Lot, Off Street
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1950
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Beacon
      • Elementary School:South Avenue School
      • Middle School:Rombout Middle School
      • High School:Beacon High School
      • County:Dutchess
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 750, 000
      • Taxes annual:$26, 000
  • Other
    • Source
      • MLS #:H6302056

Location

Keller Williams LandmarkAsk Vinny Thompson team
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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