556 Westchester AVE Port Chester, NY 10573
Open House
Sat Jun 06, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1008396
Bedrooms 4
Full Baths 2
Rental Info No
Year Built 1958
Annual Tax Amount $17,319
Lot Size 7,257 Sqft
Acres 0.1666
Property Sub-Type Duplex
Source onekey2
Property Description
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 growth
Flexible Layout: Ideal for investors, owner-occupants, or multi-generational living
Prime Location: Quiet, tree-lined street just minutes to Rye Ridge Shopping Center, downtown Port Chester, Rye, Greenwich, Metro-North, I-287 & I-95
Ample Parking: Off-street parking for up to 6 vehicles
Lower-Level Flex Space: Finished walk-out level with rec room, bath, and bonus room—perfect for extended living or recreation
Outdoor 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
Location
State NY
County Westchester County
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, In-Law Floorplan, Washer/Dryer Hookup
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Parking Features Alley Access, Attached, Driveway, Off Street, Private
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Total Parking Spaces 6
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Park Avenue School - Westchester
Middle Schools Port Chester Middle School
High Schools Port Chester-Rye
School District Port Chester-Rye
Others
Senior Community No
Special Listing Condition None
