Two Family Investment Opportunity RYE BROOK property at PORT CHESTER prices !


Property

Website:https://www.nestseekers.com/5534112
Address:
Rye City, NY 10573
Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Lot Size: 0.2 Acres

Financials

Price:$899,000
Annual Taxes:$17,319.91

Description

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 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

Amenities

  • Cable Connected
  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • In-Law Floorplan
  • Natural Gas Connected
  • Phone Connected
  • Washer/Dryer Hookup

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of E Realty International Corp