Courtesy: Santos Realty Group, LLC
914-939-2390
Exceptional Investment Opportunity: Three-Family Property in Port Chester, NY Presenting an upgraded legal three-family residence at 340 Locust Avenue, offering a blend of classic charm and modern amenities. This property is ideal for investors seeking strong rental income or homeowners looking for an owner-occupant opportunity with supplemental revenue. Property Highlights: • Unit 1: Spacious 3-bedroom, 1-bathroom apartment featuring a large eat-in kitchen with stainless steel appliances. This ground-floor unit boasts generous living space, making it highly attractive to tenants. • Unit 2: A well-appointed 1-bedroom, 1-bathroom apartment with a cozy living area and functional kitchen. • Unit 3: A 1-bedroom, 1-bathroom unit with its own private entrance. Tenant Strength: All three units are occupied by reliable tenants with excellent rental histories, providing steady income and peace of mind for investors. Recent Upgrades & Features: • Interior Improvements: Renovated kitchens and bathrooms, plus new flooring throughout. • Newly Sealed Roof: Ensuring long-term durability and lower maintenance costs. • Submetered Units: Tenants are responsible for their own electric-utility costs, increasing efficiency. • Parking Potential: Two-car tandem driveway with additional parking opportunities in the rear of building to increase revenue. Prime Location: Walking distance to public transportation, shopping, and dining options. Property is being sold "As Is" with Tenants in place, all Tenants are month-to-month
Courtesy: Keller Williams Realty Group
914-713-3270
PLEASE READ CAREFULLY. This all stone multi-family property is a great investment. The property features six one-bedroom/one bath units. Municipal records are different from how the property is currently set up/appears. Per municipality: current use: six family residence; currently authorized use: two-family. The house is going to need extensive work either to convert it back to a two-family or to try to obtain approval for more units than that. Put the work in now and start reaping the benefits of a great real estate investment. There is an unfinished basement with utilities, above ground oil tank. There is driveway parking for at least 4 cars. Property to be sold in "as is" condition. Buyer and buyer's agent to complete due diligence before making an offer so they understand the current use and what it will take to convert this property. Please verify all info. ONLY ALL CASH OFFERS will be considered.
Port Chester is located in New York. Port Chester, New York has a population of 31,317. Port Chester is less family-centric than the surrounding county with 30.81% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in Port Chester, New York is $88,093. 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 Port Chester is 38.2 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 51.7 inches per year, with 29.8 inches of snow per year.
