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
Listing Details
$899,000
Active
Single Family
1008396
6/9/2026
19 Day(s) Ago
Property Details
556 Westchester Avenue
Rye
NY
10573
Westchester
1,972
4
3 full
Finished
Vinyl Siding
1958
Location Details
0.17 Acres
Alley Access
No
No
School Details
Port Chester-Rye
Park Avenue - Westchester
Port Chester
Port Chester
Heating, Cooling, & Utility Details
Forced Air
Public
Public Sewer
Wall/Window Unit(s)
Amenities
First Floor BedroomFirst Floor Full BathEat-in KitchenIn-Law FloorplanWasher/Dryer Hookup
