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.

21
beds

11
baths

8,100 Sq.Ft. LIVING AREA

0.43 Acres lot

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Thank you for your interest in 1256 North Avenue, Beacon, NY 12508. We are reviewing your request and will be in touch shortly!

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Features & Amenities

Interior

total bedrooms21
Total bathrooms11
full bathrooms11

Area & Lot

Status For Sale
Living Area8,100 Sq.Ft.
Lot Area0.43 Acres
MLS® IDH6302056
TypeMulti-Family
YEAR BUILT1950
Elementary SchoolSouth Avenue School
Middle SchoolRombout Middle School
High SchoolBeacon High School
School DistrictBeacon

Exterior

water SourcePublic
parkingParking Lot, Off Street
HEAT TYPEElectric, Baseboard
AIR CONDITIONINGWindow Unit(s)
sewerPublic Sewer

Financial

Sales Price$2,625,000
Real Estate Tax $26,000/yr

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The Ramundo Team has built a reputation for excellent client service and results with a genuine desire to help others by providing superior service. The members of our team are seasoned professionals, each with a unique background and eagerness to serve your needs.

$2,625,000

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Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Contact Details

The Ramundo Team

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