Calling all investors! Live in one unit and rent out the other. An exceptional investment opportunity awaits with this centrally located multi-family home in the Tuckahoe School District. Both units in this well-maintained property have been tastefully updated. The main floor unit welcomes you with an expansive entryway, offering potential for further customization. This unit boasts a generously sized primary bedroom complete with a walk-in closet and a newly renovated en-suite bath. The modern eat-in kitchen features sleek stainless steel appliances, a stylish new backsplash, quartz countertops, and ample cabinetry, providing plenty of storage. The spacious walkout lower level, partially finished for versatile use, also includes a laundry room for added convenience. On the second floor, you'll find a beautifully updated kitchen with quartz countertops, stainless steel appliances, and modern white cabinetry. The bright living room, with its adjoining dining area, creates a warm and inviting space. This level also offers a sizable second bedroom and access to the attic for extra storage. This fantastic property comes with a private driveway, two-car garage, enclosed porch, and a level backyard, perfect for outdoor entertaining. With numerous updates throughout, this home is ideally located close to the Tuckahoe train station, shops, and restaurants, ensuring both convenience and lifestyle appeal.
THIS PURCHASE REQUIRES CASH OR COMMERCIAL FINANCING(30-50% DOWN)Don't miss this rare opportunity to own an Eastchester 6 family home with newer boiler, hot water heater, replaced windows, architectural style roof and vinyl siding . Less than a 5-10 minute walk to the Crestwood train(30 minutes into Grand Central), shopping and all. Building has 3 two bedroom units with fireplaces in the bedrooms and 3 one bedroom units(one with fireplace and door to deck) all in very good condition. Basement under the left side of the home has a separate entrance and has the potential of a home office. Right side basement has storage for all the units, laundry for the building and mechanicals. After closing the building has a projected cap rate of approximately 6% with potential yearly income of nearly $130,000. Building is rent stabIlized.
The median home value in Eastchester, NY is $511,000. This is lower than the county median home value of $691,600. The national median home value is $338,100. The average price of homes sold in Eastchester, NY is $511,000. Approximately 66.33% of Eastchester homes are owned, compared to 27.62% rented, while 6.05% are vacant. Eastchester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Eastchester real estate agent to arrange a tour today!
Eastchester, New York has a population of 34,207. Eastchester is more family-centric than the surrounding county with 43.56% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in Eastchester, New York is $134,037. The median household income for the surrounding county is $105,387 compared to the national median of $69,021. The median age of people living in Eastchester is 43.5 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 50 inches per year, with 28.5 inches of snow per year.