Two-Family Investment Opportunity - RYE BROOK property at PORT CHESTER prices!!This beautifully maintained two-family home in the highly desirable Rye Brook area offers a rare opportunity for both investors and owner-occupants. Currently generating over $5,200/month in rental income, with rents still below market value. This property presents immediate upside potential. A standout feature is the finished, currently VACANT walk-out basement, previously used as an in-law suite. This space offers excellent flexibility and can be combined with the first-floor unit to achieve an estimated rental income of $4,200+ per month.The home features two well-appointed residential units, each with in-unit washer and dryer and hardwood floors throughout. The second-floor unit includes carpeting for added sound insulation.Highlights include:Strong Income + Value-Add Potential: Consistent cash flow with room for rent growthFlexible Layout: Ideal for investors, owner-occupants, or multi-generational livingPrime Location: Quiet, tree-lined street just minutes to Rye Ridge Shopping Center, downtown Port Chester, Rye, Greenwich, Metro-North, I-287 & I-95Ample Parking: Off-street parking for up to 6 vehiclesLower-Level Flex Space: Finished walk-out level with rec room, bath, and bonus room-perfect for extended living or recreationOutdoor Appeal: Beautifully landscaped property including Shed for extra storage.This is a rare opportunity to own a versatile, income-producing property in one of Westchester's most sought-after locations.Don't miss it! Residual Income , Increasing Equity and Long-Term Appreciation
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 3,706.24 per month $2,000.78 Principal & Interest $1,443.25 Property Tax $262.21 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
You are now registered to view virtual open houses for the listings.
556 Westchester Avenue | MLS# 1008396
This multi-family property located at 556 Westchester Avenue, Port Chester, NY 10573 is currently listed for sale with an asking price of $899,000. Westchester Avenue is located within the Port Chester-Rye school district. Search Port Chester real estate on www.coldwellbankerchoice.com today.