95 Washington Avenue, Beacon, NY, 12508 | $725,000

CHARMING LEGAL THREE-FAMILY IN PRIME BEACON LOCATION. A unique investment opportunity or owner-occupied property in Beacon. This beautifully renovated legal three-family home offers flexibility, live in one unit and rent out the other two, or lease all three to maximize your return on investment. Each apartment features separate utilities, a dream setup for any buyer seeking a truly turnkey rental property. All apartments are currently leased (the largest apartment is month-to-month), generating a strong gross income of over $69, 500 annually. Recent upgrades include a 30 year roof, new siding, gutters, doors, porch, windows plus new insulation and sheetrock throughout. Two apartments include washer/dryers, and all kitchen and bathrooms have been tastefully modernized. Additional features include a fenced-in yard, lawn irrigation system, and a private, paved driveway. Ideally located just minutes from the train to NYC, downtown, shops, restaurants and all that Beacon has to offer.

Features

  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: In Unit
  • Style: Hi Ranch
  • Year Built: 1900
  • Garage: 3-car
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Bilco Door(s), Partial, Storage Space, Unfinished
  • Acreage: 0.11
  • Est. Taxes: $12,090
  • Lot Desc: Back Yard, City Lot, Level, Near Golf Course, Near Public Transit, Near School, Near Shops, Views
  • View: Mountain(s)
  • Elem. School: Glenham
  • Middle School: Rombout Middle School
  • High School: Beacon
  • School District: Beacon
  • MLS#: 937907
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/937907/95washingtonavenue_beacon_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

The Jay and Carol Kelly TeamSales Associates

860.550.0295

TheKellyTeam@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2104486

860.625.5780

Brianna.Turgeon@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

95 Washington Avenue, Beacon, NY, 12508

$725,000

The Jay and Carol Kelly Team

Sales Associates

William Raveis Real Estate

Phone: 860.550.0295

TheKellyTeam@Raveis.com

Brianna Turgeon

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.625.5780

Brianna.Turgeon@raveis.com

NMLS Mortgage Loan Originator ID 2104486

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.583% 6.533% 5.764%
Monthly Tax Payment $1,008 $1,008 $1,008
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,431 $3,618 $4,736
Total Monthly Payment $4,531 $4,718 $5,836

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.