Multi Family 5+ in Westchester County
| MLS Number | 1041015 |
|---|---|
| Address | 218 N James Street, Peekskill, NY 10566 show map |
| Price | $1,750,000 show mortgage calculator |
| Acres | 0.26446280991736 |
| Year Built | 1900 |
| Est. Sq. Footage | 0 |
| Elementary School | Hillcrest |
| Jr High-Middle School | Peekskill Middle School |
| High School | Peekskill High School |
| Estimated Taxes | $33,916 |
| Total Apt Units | 7 |
Beautifully restored Victorian seven-family income-producing property in the heart of Peekskill. This impressive three-story multifamily home combines timeless architectural character with extensive modern updates. The interior was fully renovated in 2019, with the exterior also refreshed, offering an attractive, well-maintained investment opportunity. The three-story building features two apartments on each floor, plus an additional basement-level unit with windows, providing a total of seven units. Tenants pay their own utilities, helping maximize the property's income potential. All units are currently on a month-to-month basis, providing flexibility for an investor or owner looking to manage the property strategically. All apartments are equipped with a video intercom system, and additional storage is available in the basement. Ample off-street parking behind the property is shared by the tenants—an important amenity in a multifamily setting. There is also potential to add laundry facilities, creating an additional opportunity for income and tenant convenience.Conveniently located in Peekskill with easy access to Metro-North, shopping, dining, entertainment, parks, and the vibrant downtown area. An excellent opportunity for investors seeking a turnkey multifamily property with additional upside potential.
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