Description
Legal 2-family opportunity in the heart of Ossining offering exceptional value, versatility, and upside potential. Priced at $550,000, this spacious property features a 5-bedroom, 3 full bath layout plus a separate studio apartment with its own private entranceideal for investors or owner-occupants looking to generate rental income. Set on a 7,405 sq ft lot, the home offers approximately 2,276 sq ft of living space with classic architectural charm including a mansard-style roof, covered front porch, and original details throughout. The property features multiple living areas, generous room sizes, and flexible layout options to accommodate extended living or rental configurations. Interior spaces offer a blend of character and opportunity. Bright rooms with hardwood floors, large windows, and high ceilings provide great natural light. Kitchens and baths are functional with room for updates, making this a strong value-add opportunity. Separate living quarters allow for privacy between units, enhancing rental appeal. The exterior offers a large private driveway with ample off-street parking, a rare find in this area, along with a spacious backyard and patio areaperfect for outdoor use, entertaining, or future improvements. A detached structure and additional outdoor space provide even more potential. Located on a quiet residential street, the property is just minutes from downtown Ossining, shops, restaurants, parks, and the Hudson River waterfront. Commuters will appreciate easy access to Metro-North, offering a convenient commute to NYC. The area continues to see strong demand due to proximity to major employment hubs including White Plains, Tarrytown, and Stamford. With comparable multi-family properties in Ossining selling significantly higher, this property presents a compelling opportunity to build equity and maximize returns. Whether you are looking to invest, renovate, or live in one unit while renting the other, this is a property with strong income potential and long-term growth. A rare chance to own a legal 2-family with a separate studio in a sought-after Westchester location.
Details
| MLS # | 991931 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1912 |
| Days On Site | 128 |
| Listing Provided By | Century 21 Full Service Realty | Paula C. Esteves |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,276 |
| Car Port | Yes |
| Basement | Y |
| Units | 2 |
| Acreage | 0.17 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard |
| Interior Features | Walk Through Kitchen |
Exterior
| Construction Materials | Shingle Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Private |
Utilities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 552900 |
| Tax Annual Amount | 16434.52 |
Area Information
| State | NY |
|---|---|
| County | Westchester County |
| City | Ossining |
| Zip Code | 10562 |
| School District | Ossining High School |
| High School | Ossining High School |
| Listing VS Median (in 10562) | |
Price: $550,000 low | high Med: $550,000 sqft: 2,276 low | high Med: 2,276 $ / sqft: $242 low | high Med: $242 On site: 128 low | high Med: 128 | |
Market Activity 10562
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Learn More About This Property
| State | NY |
|---|---|
| County | Westchester County |
| City | Ossining |
| Zip Code | 10562 |
| School District | Ossining High School |
| High School | Ossining High School |
| Listing VS Median (in 10562) | |
Price: $550,000 low | high Med: $550,000 sqft: 2,276 low | high Med: 2,276 $ / sqft: $242 low | high Med: $242 On site: 128 low | high Med: 128 | |
