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
Listing Details
$890,000
$14,666
Active
Single Family
919788
10/30/2025
44 Day(s) Ago
Property Details
340 Locust Avenue
Rye
NY
10573
Westchester
2,868
5
3 full
Unfinished
Brick
1926
Location Details
0.08 Acres
Driveway
No
No
School Details
Port Chester-Rye
Thomas A Edison
Port Chester
Port Chester
