1256 North Avenue | Beacon

$2,625,000

Rare 10% CAP - Almost Ready Beacon Multifamily Property\r\n\r\nPremium Opportunity in Prime Location\r\n\r\nWelcome 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.\r\n\r\nRecently Renovated\r\n\r\nThe property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion.\r\n\r\nFirst Floor Flexibility\r\n\r\nThe 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.\r\n\r\nPrime Location\r\n\r\nConveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station.\r\n\r\nBeacon is a prime residential area, boasting the Dia.Beacon Museum, many shops and food establishments. OneKeyMLS H6302056

Directions to property: Beacon Bridge to North Ave. 1256 1/4 mile from light.

MLS Listing ID: 
OneKeyMLS H6302056
Community Information
School District: 
Beacon City
Building Details
Details about the building on a property.
Year Built: 
1950
Basement: 
Bilco Door(s),Full
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Area): 
0.43
Waterfront: 
0
Lot Features
Parking Type: 
Off Street,Parking Lot
Public Record
Parcel Number: 
130200-5955-75-850183-0000
Annual Tax: 
$26,000.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/19/2024
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Robert B Donnelly
Listing Office Name: 
Keller Williams Valley Realty