52 Ackerman StBeacon, NY 12508

For Sale
$1,500,000

High-Yield, Fully Renovated Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $1,500,000 Asking Price
  • Multifamily investment property with 3 units in Beacon, NY.
  • 8.50% Cap Rate with a $127,813 Net Operating Income (NOI).
  • 100% Occupancy.
  • 4,400 square feet on a 0.16-acre lot.

Property Details for 52 Ackerman St

Property type
Multifamily properties, Residential income homes
Square Feet
4,400 SF
Class
A
Year Built/Renovated
1900/2024
Buildings
3
Stories
2
Lot Size (sq. ft)
6,970 SF
Units
3

Location Insight

City
Beacon
County
Dutchess
State
New York
Latitude
41.5054931
Longitude
-73.9645297
52 Ackerman St, Beacon, New York
Leaflet | © OpenStreetMap contributors

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.
52 Ackerman St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size Select options
Please enter message