OPPORTUNITY KNOCKS LEGAL 5 FAMILY INVESTMENT - Unlock Significant Income Potential! Don't miss this rare opportunity – a legal 5-family home on the market for the first time in over three decades. This property boasts ample parking, a garage, and a valuable opportunity to increase revenue by developing a laundry room and storage in the lower level. Featuring (3) one-bedroom, (1) two-bedroom, and (1) studio apartments, each with separate electrical metering, classic hardwood floors, soaring ceilings, and appealing character. Enjoy a peaceful setting on a quiet street, with exceptional access to major shopping, transportation (train), and highways. **All units are currently rented below market value – Sold As Is.** A perfect fit for savvy investors, 1031 exchange buyers, and those looking to live in one unit while generating substantial rental. An opportunity not to be missed! Currently all Tenants are month-to-month!! PROJECTED RENT ROLLS OVER $150,000.
Listing Details
$1,450,000
Active
Single Family
848039
4/20/2025
12 Day(s) Ago
Property Details
28 Greenwood Avenue
Rye
NY
10573
Westchester
4,710
5
4 full
Colonial
Finished
Brick
1915
Location Details
0.13 Acres
Level, Near Public Transit, Near School, Near Shops
Common
No
No
School Details
Port Chester-Rye
Port Chester
Port Chester
Heating, Cooling, & Utility Details
Natural Gas
Public
Public Sewer
Wall/Window Unit(s)
