Investment Opportunity | Fully Renovated Two-Family Investment Property in Peekskill Turnkey, income-producing two-family property blending historic character with modern renovation. Originally built in 1905 and completely renovated in 2017, this fully updated duplex offers strong cash flow potential, low owner expenses, and an unbeatable commuter-friendly location. The property features: Spacious 4+ bedroom duplex-style unit | Separate 1-bedroom apartment | Tenants currently in place | Tenants pay all utilities including heat and electric | Excellent investment and long-term income potential Located just minutes to Metro-North, downtown Peekskill restaurants, shopping, waterfront attractions, and major parkways, this property appeals to both commuters and long-term tenants seeking convenience and lifestyle. A rare opportunity to own a fully renovated multi-family with historic charm, strong rental appeal, and immediate income generation in one of Westchester’s fastest-growing river towns. Easy turnkey investment. Strong rental demand. Immediate cash flow. A rare find that will not last! Schedule a showing today.
Nelson Avenue Historic District, located between South Street and Washington Street, is a historic and residential Peekskill neighborhood with late-19th-century rowhouses and a walkable hillside street grid. The district reads as a compact architectural gallery of brick and clapboard facades, stoops, and bay windows. The neighborhood’s character concentrates around the South Street and Washington Street corridor, where storefronts and civic buildings set a small-city rhythm. Paramount Hudson Valley Theater anchors local nights with live shows in a restored movie palace. The Field Library adds a quiet, design-forward pause for reading rooms and community programming. Riverfront paths and the Peekskill Station area connect daily routines to the Hudson’s edge.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
First-floor bedroom
First-floor full bathroom
Aluminum-framed windows
Finished walk-out basement
Dormer attic
Bedrooms
One 1-bedroom unit
One 4-bedroom unit
Bathrooms
Three full bathrooms
Flooring
Laminate flooring
Heating & cooling
Baseboard heating
Electric heating
Wall/window air conditioning units
Exterior features
Stucco and frame exterior
Blown-in insulation
Home design
Duplex
Actual property condition
Parking
On-street parking
Construction
Slab foundation
Utilities
Con Edison electric
Public sewer
Public trash collection
Electricity and solar
View estimated energy costs and solar savings for this home
Fully renovated two family house in Peekskill. All work completed in 2017/2018. New Roof, all new plumbing, all new electrical, all new windows, all new framining, spray foam insulation, all new sheetrock, granite countertop in both kitchens, ceramic tile in all common spaces. Turn key rental property. 4 bedroom unit rented for $2400 a month, and 1 bedroom unit rented for $1400 a month. $45,600 a year gross. Expenses around $14K. Tenants pay all utilities.
Public Records
May 18, 2017
Sold
$90,000
$43/sq ft
Public Records
Dec 6, 2005
Sold
$310,000
$148/sq ft
Public Records
Apr 16, 2001
Sold
$106,500
$51/sq ft
Public Records
Apr 17, 2000
Sold
$9,500
$5/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$13,865 (+0.9%)
$800 + $10,200
$11,000
2025
$13,736 (+1.4%)
$800 + $10,200
$11,000
2024
$13,546 (+1.5%)
$800 + $10,200
$11,000
2023
$13,344 (+1.1%)
$800 + $10,200
$11,000
2022
$13,199 (+2.1%)
$800 + $10,200
$11,000
2021
$12,923 (+2.0%)
$800 + $10,200
$11,000
2020
$12,675 (+20.0%)
$800 + $10,200
$11,000
2019
$10,565
$800 + $10,200
$11,000
2018
$800 + $8,700
$9,500
2017
$800 + $8,700
$9,500
2016
$800 + $8,700
$9,500
2014
$800 + $8,700
$9,500
2013
$800 + $8,700
$9,500
2012
$800 + $8,700
$9,500
2011
$800 + $8,700
$9,500
2010
$800 + $8,700
$9,500
2009
$800 + $8,700
$9,500
2008
$800 + $8,700
$9,500
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
25 ft.
Lot depth
100 ft.
Lot size
2,257 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Westchester County
APN
551200A03302900020280000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 25, 2026.
C - 2
Central Commercial District
This district is designed to provide for office buildings and the great variety of large and small retail stores and related activities which occupy the prime retail frontage in the Central Commercial District and which serve the entire area. The district regulations also preserve, protect and enhance the character of the Central Commercial District as a center of retail trade and services for the City and surrounding region and thereby justify and protect the major public investments made and being made toward the revitalization of the retail core. This district should encourage the concentration of retail stores, restaurants and related activities and achieve continuity of frontage devoted to such purposes which strengthen and complement one another and thereby enhance the area's attractiveness to shoppers and business persons and promote the most desirable use of land in the retail core, and thus conserve the value of land and buildings and thereby protect and enhance a vital part of the City's tax base.; The Common Council finds that certain artistic and creative endeavors may be safely and appropriately located in conjunction with other C-2 commercial uses where such artistic endeavors do not create excessive noise or additional safety hazards.; Another goal of the C-2 District is to provide expanded opportunities for such artists and craftspersons and to provide the necessary incentives for such persons. In order to achieve this objective, accessory living space may be permitted on a limited basis to those persons who are certified as artists by a qualified arts organization and upon a finding that the practice of an art form or craft is deemed to be compatible with adjacent uses and further deemed not to be hazardous or obnoxious.
Permitted uses
Include but are not limited to:
Bank
Laundromat
General retail
Restaurant
Manufacturing
Office
Educational/school
Library
Museum / gallery
Death related/funeral home
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 99° expected this year, 16 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Peekskill, NY • 10566
Average low and high temperatures (°F)
35
21
37
23
55
35
64
44
71
53
83
63
87
68
83
63
78
59
68
48
56
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
38/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.1 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 931 Diven St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $578,000 and $665,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $578K to $665K.