52 Ackerman StBeacon, NY 12508

Property Details for 52 Ackerman St

Year built

1900

Lot size

0.16 AC

Property size (Sq ft)

4,400 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional three-unit multifamily portfolio in Beacon, NY, presents a compelling investment opportunity. Located at 52 Ackerman St, this Class A property boasts a total of 4,400 square feet across three buildings, each two stories high, situated on a 0.16-acre lot. The portfolio, built in 1900 and extensively renovated in 2024, currently enjoys 100% occupancy, generating a strong net operating income (NOI) of $127,813 and an attractive 8.50% capitalization rate. The asking price is $1,500,000. All mechanical systems were replaced in 2023, ensuring minimal maintenance concerns for the new owner. The roofs on all three structures are estimated to be 10-12 years old. This stabilized investment benefits from its highly desirable location in Beacon, offering excellent walkability and solid tenants. The property's recent comprehensive renovation provides stress-free ownership, making it an ideal addition to any investment portfolio. The zip code is 12508, and the property is situated in Dutchess County.

Location Insight

City

Beacon

County

Dutchess

State

New York

Latitude

41.5055

Longitude

-73.9645

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