NOT LISTED FOR SALE
9 Beds
4.5 Baths
3,500 Sq Ft
5,227 Sq Ft Lot

Last Sold January 24, 2024

Last sale price $850,000 $243 Per Sq Ft

65 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Albert Leonard Middle School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of January 2024

Look no further! Nestled on a tree-lined street, this property beckons you with the promise of comfortable, carefree living. Here's your golden opportunity to embrace the idyllic lifestyle with a well maintained and low-maintenance legal four-family home, where your tenants pay your expenses. Imagine the pleasure of leisurely afternoons on the expansive rocking chair-covered porch, enjoying the beauty of the outdoors. The sprawling three-bedroom duplex boasts a charming back porch and direct access to a private yard and garden, making it the ultimate retreat. Each of the other units, thoughtfully designed with two bedrooms and numerous tasteful upgrades, contributes to the allure of this property. Plus, the walk-out basement offers an abundance of storage space. As a savvy investor, you'll appreciate the consistent positive cash flow generated by this investment gem, making it a strategic wealth-building endeavor. The beauty of this arrangement? Tenants handle their own electricity costs, lightening your financial load. With ample room for a four car driveway, you have the potential to enhance the property's functionality and value. Location wise, you couldn't ask for more. Situated in close proximity to downtown New Rochelle, you'll have easy access to a vibrant array of shops, theater, dining options, and the convenience of the Metro-North. Plus, a short drive will transport you to the charming village of Pelham, where you can indulge in boutique shopping, al fresco dining experiences, and the lush beauty of local parks. Don't miss out on the rarity of discovering a legal four-family residence in the heart of New Rochelle. This is your chance to elevate your living experience and investment portfolio simultaneously.

Last Agent to Sell the Property

Iris Kalt

Berkshire Hathaway HS NY Prop Brokerage Phone: (914) 834-7777 License #30KA0623059 Listed on: 09/14/2023

Berkshire Hathaway HS NY Prop

Last Buyer's Agent

Robert Fonte

Mark J Fonte License #10301219213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,390

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Storage
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • Powder Room

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Daniel Webster Elementary School
  • Isaac E Young Middle School
  • New Rochelle High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1000-000-004-01261-000-0017

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,390

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, Colonial
  • Property SubType: Multi Family
  • Year Built: 1880
  • Attribution Contact: (914) 834-7777
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Eat-in Kitchen, Powder Room, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3500
  • Owner Pays: Insurance
  • SquareFootage: 3500.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Fencing: Fenced
  • Patio and Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: On Demand

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1200
  • Other Expense: 4560

Schools

  • Middle School: Isaac E Young Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1000-000-004-01261-000-0017
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 3600
  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 3
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 18390
  • Tax Map Number: 1000-000-004-01261-000-0017
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Daniel Webster Elementary School
  • High School: New Rochelle High School
  • Middle School District: New Rochelle

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $850,000 +13.6% $243 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $748,000 -- $214 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6267572

OneKey® MLS