556 Westchester AVE Port Chester, NY 10573
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 3
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
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
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