$849,000

1 Vine Street, Beacon, NY 12508

  • 6 beds |
  • 3 baths |
  • 3,096 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $274/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Unique and rarely available fully detached legal 3 family with private driveway, detached 2 car garage, backyard with mountain views, decorative relief brickwork, Navien tankless heating system, custom landscaping, water filtration system, and much more. Property features 6 bedrooms (2 over 3 over 1), 3 bathrooms, 3,396 sq ft of living space, and sits on a 73 x 100 lot. Great for an end user or cash flow income investor. Live in one unit and rent out the rest, or rent out all units and generate a 7+% cap rate. Top floor features a large 2 bedroom apartment with upgraded kitchen, upgraded bathroom, refinished floors, ductless mini split units, functioning pellet stove, and access to the huge attic space which runs the full length of the building. Attic can be finished to increase living space, with proper permits. Top floor currently occupied with wonderful and good standing tenants paying $2,400/mo. 1st floor (vacant) features a spacious 3 bedroom apartment with renovated kitchen, renovated bathroom, updated floors, primary bedroom with fireplace, recessed lighting, access to laundry/storage room, and access to backyard. Most recent rent for the first floor unit was $3,100/mo. Basement (vacant) is a legal dwelling featuring a sunny living room, large eat-in-kitchen, full bathroom, extra large bedroom, large windows, house utilities, and access to backyard. Projected rent for basement unit is $1,700-$1,800/mo. First floor and basement can be used as a 4 bedroom/2 bath duplex as well. Each apartment has its own private entrance which allows for additional privacy and convenience. Backyard has been tastefully designed with custom pavers, pergola, firepit, and modern fencing. Landscaping of the entire home has also been carefully designed for beautiful year round greenery. In terms of location, you couldn't ask for much more. Just 3 blocks from NY State Route 9D, 3 blocks from the Beacon Daily, 4 blocks to trendy Main St, and 5 blocks to South Ave Park. When you walk up to Main Street you're right in the middle of all the commerce so you can go left or right and enjoy an array of stores, restaurants, shopping, and entertainment. Also near Beacon Metro North station which provides direct access to New York City (6 stops to Grand Central Terminal). Easy access to hiking trails and everything upstate New York has to offer. So much to list, a unique opportunity to own a legal 3 family in one of the most highly sought after neighborhoods in Dutchess County.

Listing Status:
Active
Listing Office:
Keller Williams Landmark II : 347-846-1200
MLS ID:
852766
  • General: First Floor BedroomCrown MoldingEat-in Kitchen
  • Basement: FinishedFullWalk-Out Access
  • Flooring: Hardwood
  • A/C: Multi UnitsWall/Window Unit(s)
  • Heating: Natural Gas

This listing courtesy of Keller Williams Landmark II

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Avenue School

60 South Ave, Beacon, NY, 12508

Grades KG-5

0.34 miles away

R

Rombout Middle School

84 Matteawan Rd, Beacon, NY, 12508

Grades 6-8

0.83 miles away

B

Beacon High School

101 Matteawan Rd, Beacon, NY, 12508

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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