Sold

201 Main Street

Beacon NY, 12508

$250,000


Sold

Commercial

Nearly half an acre on Beacon's bustling Main Street. 17 income producing residential rental units. 5 commercial retail spaces. As of right, possibility of building a +/- 16,000 sq. ft addition in what is now the rear parking area. All rents are undermarket. Buildings need major renovation in order to raise rents to market levels. This is a long term play for a deep pocket investor who has the vision and the means to unlock this unique property's full potential. Current cap rate is 4.5%. An + 8% cap rate is achievable.

H6183635

MLS ID

May 6, 2022

Listed

March 3, 2024

Updated

Map

201 Main Street
Beacon NY, 12508

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas, Hot Water

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

Beacon

Other Property Details

Taxes

$40,787


Tax Frequency

Annually


Days on Market

65


Garage

No


View

No


County

Dutchess


Municipality

Beacon


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listed by Daniel L. Aubry  with Daniel Aubry Realty, LLC
Listing Contact: 917-647-6823 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Team Banx shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:11 AM UTC, 3/3/2024

  

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