9 Beds
4 Baths
7,653 Sqft Lot
9 Beds
4 Baths
7,653 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 981945
Style Colonial
Bedrooms 9
Full Baths 4
Rental Info No
Year Built 1934
Annual Tax Amount $14,110
Lot Size 7,653 Sqft
Acres 0.1757
Property Sub-Type Quadruplex
Source onekey2
Property Description
Showcasing subtle Colonial Revival architecture influences, the property presents timeless curb appeal with its symmetrical façade, warm shutters, and inviting residential presence. Behind that charm lies a highly functional, income-producing asset configured as four distinct units: one spacious 4-bedroom apartment, two 2-bedroom units, and one 1-bedroom apartment—appealing to a broad tenant base and maximizing rental flexibility.
From a performance standpoint, the property is already partially stabilized with two responsible, month-to-month tenants in place, while two vacant units create immediate value-add potential. One of the 2-bedroom units has been fully renovated and is truly move-in ready—perfect for quickly securing market-rate rent or even an owner-occupant strategy. The remaining vacant unit offers an opportunity to further increase value through light improvements or repositioning.
Each apartment benefits from separate electric meters, private entrances, and dedicated parking, enhancing tenant independence and simplifying management. Significant capital improvements have already been completed, including a brand-new heating system and oil tank, reducing near-term maintenance concerns and protecting your bottom line.
Beyond the building itself, the outdoor space sets this property apart. A generous backyard invites lifestyle-driven tenants with a flagstone patio and built-in stone BBQ area—a rare amenity that elevates tenant experience and retention, while adding a unique marketing edge in a competitive rental market.
Location is where this investment truly shines. Just a 5-minute drive or 28-minute walk to the Peekskill Train Station and waterfront, residents enjoy a convenient commute to New York City while still embracing the charm of the Hudson Valley. Additionally, a 10-minute walk brings you to downtown Peekskill's vibrant mix of restaurants, coffee shops, and local retail—an increasingly desirable lifestyle hub that continues to fuel rental demand.
This is more than just a property—it's a strategic investment in a high-demand, transit-oriented market with multiple income streams, built-in upside, and lifestyle appeal that attracts quality tenants. Whether you're expanding your portfolio or seeking a smart entry into multifamily investing in Westchester County, this quadruplex delivers the fundamentals investors look for: cash flow, flexibility, and future growth potential.
FLOORPLANS AVAILABLE UPON REQUEST
Location
State NY
County Westchester County
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features First Floor Full Bath, Built-in Features, Eat-in Kitchen, Entrance Foyer, Formal Dining, Galley Type Kitchen, High Ceilings, In-Law Floorplan, Open Floorplan, Open Kitchen, Original Details, Other, Pantry, Storage, Walk Through Kitchen, Walk-In Closet(s)
Heating Oil, Other
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Total Parking Spaces 4
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Advanced Framing Technique
Schools
Elementary Schools Hillcrest
Middle Schools Peekskill Middle School
High Schools Peekskill
School District Peekskill
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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70 E Sunrise Hwy Ste, Valley Stream, New York, 11581, USA