Exceptional Investment Property in the Heart of Downtown Peekskill! This well-maintained legal 2-family residence offers two income-generating units & presents a rare opportunity for both seasoned investors or owner-occupants. With no deferred maintenance, this is a true turnkey asset delivering strong & reliable rental income from day one. The huge finished walk-out basement offers the owner a versatile space-use your imagination. It features a studio layout with a bathroom & private mudroom & access to unfinished storage. The main level includes 2 bedrooms, a full bath, living room, & eat-in kitchen. The second-floor unit boasts 4 bedrooms, a full bath, living room, & kitchen — ideal for maximizing rental potential. Additional features include: Small, usable backyard with scenic city views, unfinished storage space in basement, convenient street parking, & just a 3-5 minute drive to the Metro-North station, perfect for commuters. Located in a vibrant downtown setting, residents enjoy close proximity to beautiful parks, a weekly farmer’s market, live concerts, restaurants, & shopping — all just steps away. This high-demand location supports excellent tenant retention, & the property's layout & condition make it an ideal choice for maximizing cash flow. Don’t miss this opportunity to own a high-performing, income-producing property in one of Westchester County’s most walkable & dynamic neighborhoods. Oil tank is in the basement.
Multi Family Home In Peekskill. Live In One Unit, Have Other To Pay For The Mortgage. Unit #1 located on the Fist Floor offers access to Enclosed Porch, Living room, kitchen, 2 bedrooms and 1 full bathroom. Unit #2 located on the second and third floor offers Living room, Kitchen, 2 Full Bathroom and 4 Bedrooms. Unfinished Basement currently being used as storage, and Utilities Room. Additional Information: HeatingFuel:Oil Above Ground,
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
45 ft.
Lot depth
119 ft.
Lot size
4,782 Sq. Ft.
Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Westchester County
APN
551200A03301000020460000000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 30, 2026.
R - 1C
One-Family Residence District
This district is designed to provide a suitable open character for single-family detached dwellings at medium densities, while preserving open space to the greatest extent practicable and preventing excessive on-street parking.