556 Westchester Avenue, Port Chester, NY 10573
- $898,000
- 4
- BD
- 3
- BA
- List Price
- $898,000
- Price Change
- ▼ $1,000 1784901293
- Days on Market
- 61
- MLS#
- 1008396
- Status
- ACTIVE
- Bedrooms
- 4
- Bathrooms
- 3
- Lot Size
- 7256
Property 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
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Additional Information
- Year Built
- 1958
- School District
- Port Chester-Rye
- Elementary School
- Park Avenue School - Westchester
- Middle School
- Port Chester Middle School
- High School
- Port Chester Senior High School
- Taxes Total
- 17319
- Heating
- Forced Air
- Parking
- Alley Access, Attached, Driveway, Off Street, Private
- Parking Spaces
- 6
- Basement
- Finished, Full, Walk-Out Access
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $17,319
Mortgage Calculator
Listing courtesy of Listing Agent: Cosmo Iadanza (getcosmo888@gmail.com) from Listing Office: E Realty International Corp.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.