Excellent investment opportunity in New Rochelle’s West End! This three-family property offers three spacious two-bedroom apartments, providing strong rental income potential and flexibility for an investor looking to add to their portfolio. Each unit has the potential to generate approximately $3,000 per month in rental income, while the property also offers a valuable parking advantage with two full-size garages plus two additional covered parking/storage spaces. This property presents an attractive opportunity to improve, lease and generate income. A property with the combination of three income-producing units and four covered parking/storage spaces is a rare find.
Multi-familyProperty Type
1900Year Built
4,878 sq ftLot Size
$309Price/Sq.Ft.
2 garage spacesParking
Listing by Miriam Morrow• Keller Williams NY Realty
West End, located between Downtown New Rochelle and the Pelham border, is a residential and waterfront-leaning New Rochelle neighborhood with harbor views and a patchwork of prewar streetscapes. The neighborhood’s character concentrates around the Five Islands Park entrance on Le Fevres Lane, where walkers, cyclists, and shoreline breezes set the tempo. Low-rise apartment buildings and older colonials share blocks with marina-facing roads that feel distinctly coastal. Hudson Park & Beach reads as the local front porch, with lawns, paths, and Long Island Sound horizons. The New Rochelle Rowing Club and the New Rochelle Yacht Club anchor a long-running water culture. Iona University adds a collegiate edge through nearby campus landmarks and game-day energy.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Entrance foyer
Walk-through kitchen
Patio
Bedrooms
Three 2-bedroom units
Bathrooms
Three full bathrooms
Kitchen
Walk-through kitchen(s)
Laundry & utility
Common area laundry in basement
Flooring
Carpet
Hardwood
Wood
Heating & cooling
Oil heating
No central air
Exterior features
Corner lot
Near school
Patio
Video cameras
Garage(s) as additional structure
Home design
Triplex
Actual property condition
Parking
Assigned parking
Driveway
Garage (2 spaces)
Off-street parking
On-street parking
Total 4 parking spaces
Security
Video cameras
Construction
Aluminum siding
Vinyl siding
Stone foundation
Utilities
Con-Edison electric
Natural gas connected
Water connected
Public sewer
Trash collection (public)
Electricity connected
Other
Building area approximately 2,908 sq ft
Electricity and solar
View estimated energy costs and solar savings for this home