556 Westchester Avenue, Port Chester, NY 10573
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
556 Westchester Avenue,Port Chester, NY 10573
$848,000
- 4 Beds
- 3 Baths
- 1,972 sq. ft.
- Multi-family
- Active
Listed by: cosmo iadanza
Office: e realty international corp
MLS#:1008396
Source:OneKey MLS
Price summary
- Price:$848,000
- Price per sq. ft.:$430.02
About this home
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. The First floor tenants have just purchased a new home and will be moving out within the month.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...
Contact an agent
Home facts
- Year built:1958
- Listing ID #:1008396
- Added:107 day(s) ago
- Updated:September 25, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood
- Dining Description:Eat-In Kitchen
- Kitchen Description:Eat-in Kitchen
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Finished, Full, Walk-Out Access
- Living area:1,972 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1958
- Building area:1,972 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Vinyl Siding
Schools
- High school:Port Chester Senior High School
- Middle school:Port Chester Middle School
- Elementary school:Park Avenue School - Westchester
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$848,000
- Price per sq. ft.:$430.02
- Tax amount:$17,320 (2025)
Features and amenities
- Laundry features:Washer/Dryer Hookup
Parking
- Total parking spaces:6
- Parking description:Attached, Driveway, Off Street, Private
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