52 Ackerman St Beacon, NY 12508
- Residential income homes
- 4,400 SF
- 0.16 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 52 Ackerman St
- Year built
- 1900
- Lot size
- 0.16 lot acres
- Property size
- 4,400 SF
- Property type
- Residential income homes
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beacon
- County
- Dutchess
- State
- New York
- Longitude
- -73.9645297
- Latitude
- 41.5054931
