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
Estimated Payment
$ 6,251.29 per month $4,545.83 Principal & Interest $1,443.25 Property Tax $262.21 Homeowner's InsuranceListing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agent Name: Portia Gelormino
Agent Phone:
Agency Title: Coldwell Banker American Homes
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 portiagelormino.cbamhomes.com today.