Welcome to 118 Third Avenue, Pelham—a beautifully maintained multi-unit property nestled on a picturesque, tree-lined street that perfectly blends charm, comfort, and modern updates. This exceptional property features two thoughtfully designed units. The first-floor unit offers a spacious entry foyer with a flexible bonus area—perfect for a home office or cozy sitting nook—along with a living room featuring a fireplace, a formal dining room with a walk out for yard access, an updated kitchen with new flooring. This unit also includes two spacious bedrooms and a full bath. Additionally, it provides access to the lower level, which features a large room, a full bathroom, and a separate entrance for added convenience. This residence offers the layout and comfort of a single-family home. The second unit has been beautifully renovated, featuring a stylish new kitchen, updated flooring, and a spacious living room filled with bright, airy light. It offers two well-appointed bedrooms and a versatile bonus loft, ideal as a family room, den, or guest bedroom.Each unit enjoys its own separate washer and dryer. Additional features of this home include a charming backyard with an oversized patio and a tree-lined fence, as well as a spacious two-car garage and an oversized driveway that can accommodate 6+ cars. Set along a quiet, sidewalk-lined block, the home offers a peaceful suburban feel while remaining incredibly convenient—just 0.5 miles to the train for an easy commute and close to major highways for seamless travel in any direction. Enjoy proximity to local shops, dining, parks, and all that Pelham has to offer. Beautifully maintained and thoughtfully cared for, this is a wonderful opportunity you won’t want to miss. Come see this exceptional home and all it has to offer.
Introducing a rare side-by-side TWO-Family home in the highly sought-after Pelham Manor, located at 490 & 492 Carol Place! Opportunities like this are extremely limited, offering two mirror-style residences that are perfect for an owner-occupant looking to offset expenses or an investor seeking a prime income-producing property. Each unit features 2 bedrooms, 1 full bathroom, and a finished bonus 3rd level that provides flexibility for a home office, guest suite, or additional living area. As you enter, you are welcomed by a bright and inviting living room, hardwood floors throughout, a formal dining room, and a walk-through kitchen that leads to a private basement with excellent storage, its own water heater, separate electric, and a private washer and dryer. Both units also enjoy access to a shared backyard deck perfect for entertaining, along with a lower grass area ideal for relaxing or outdoor gatherings. Immaculately maintained throughout the years, the property also offers a long driveway with plenty of parking. Ideally located within the award-winning Pelham School District and just a short distance to Siwanoy Elementary School, parks, restaurants, shopping, and the Pelham Metro-North station for a 30-minute express ride to Manhattan. With award-winning schools, a prime location, and very few homes of this kind available, this is a rare opportunity that truly does not come around often!
Situated on a prominent corner lot in the heart of Pelham, this classic two-family home offers flexibility, charm, and long-term potential in a highly desirable village setting. The property features two distinct LEGAL residential units with 1st floor separate entrances, making it ideal for owner-occupants, extended family living, or income-producing use. A covered front porch enhances the home’s traditional curb appeal, while the corner exposure allows for abundant natural light throughout. Inside, the home retains much of its original character, including high ceilings and generously sized rooms, with interiors largely in original condition and ready for personalization or renovation. Upper levels feature sloped ceilings and dormer windows that add architectural interest and warmth. With multiple floors, a finished attic offering 2 additional rooms and basement space for storage or expansion, and a layout that supports a true two-family configuration, this property presents a rare opportunity to own a versatile residence with strong upside, conveniently located near shops, schools, and Metro-North transportation.
Strong investment and commuter focus. A rare opportunity to own a two-family home that has remained in the same family for generations. This home is now ready to welcome its next owners. Ideally located just 1/2 mile from Metro-North and subway access. This property qualifies for the Homebuyer Grant which means eligible customers who buy this property and finance their loan they can receive up to $6,000

Pelham is located in New York. Pelham, New York has a population of 12,953. Pelham is more family-centric than the surrounding county with 46.65% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in Pelham, New York is $184,821. The median household income for the surrounding county is $105,387 compared to the national median of $69,021. The median age of people living in Pelham is 40.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 50.9 inches per year, with 28.9 inches of snow per year.