Exceptional Investment Opportunity in the Heart of New Rochelle!. Welcome to 304 Lockwood Ave, this income-producing property is located in this vibrant New Rochelle, one of Westchester County's fastest-growing cities. Calling all savvy investors with great vision—this fully tenant-occupied three-family home offers the perfect combination of cash flow, convenience, and long-term potential. The property features: Unit 1: 3 bedrooms, 1 full bathroom, kitchen, living-room. Unit 2: 2 bedrooms, 1 full bathroom, office area, kitchen and living-room. Unit 3: 1 bedrooms, 1 full bathroom, cozy kitchen and living-room. Basement offers great storage space. Outside, enjoy a large backyard with endless possibilities—perfect for grilling, entertaining, or creating a relaxing outdoor retreat. Location is everything, and this property delivers. Conveniently situated just a short walk from the Metro-North Railroad, Montefiore Hospital, commuters can reach Midtown Manhattan in under 30 minutes, making this an ideal rental location. Residents also enjoy easy access to shopping, restaurants, parks, and all the conveniences of city living with a suburban feel. As New Rochelle continues experiencing tremendous growth and development, this property presents not only a strong current income stream but also exciting future upside potential. Other features: New roof, natural gas meter (3), electric meters (3), huge storage area in the basement. washer/dryer hood ups and much more !!!
Listing Details
$785,000
$14,198
Active
Single Family
1001625
5/21/2026
15 Day(s) Ago
Property Details
304 Lockwood Avenue
New Rochelle
NY
10801
Westchester
2,500
6
3 full
Colonial
None
Bilco Door(s)
Frame
1906
Location Details
0.08 Acres
Back Yard, Level, Near School
On Street
No
No
School Details
New Rochelle
Columbus
Isaac E Young
New Rochelle
Heating, Cooling, & Utility Details
Natural Gas
Public
Public Sewer
None
Amenities
First Floor BedroomFirst Floor Full BathMaster DownstairsStorage
