About 340 Locust Avenue
Presenting an upgraded legal three-family residence, offering a blend of classic charm and modern amenities. This property is ideal for investors seeking strong rental income or homeowners looking for an owner-occupant opportunity with supplemental revenue. • Unit 1: Spacious 3-bedroom, 1-bathroom apartment featuring a large eat-in kitchen with stainless steel appliances. This ground-floor unit boasts generous living space, making it highly attractive to tenants. • Unit 2: 1-bedroom, 1-bathroom apt. with a cozy living area and functional kitchen. •Unit 3: 1-bedroom, 1-bathroom apt. with private entrance, currently leased to a long-term Section 8 tenant who has maintained the space exceptionally well. This provides steady, guaranteed rental income and the option to bring the unit to market rates in the future or vacate for owner-occupancy. Interior Improvements: Renovated kitchens and bathrooms, plus new flooring throughout. Newly Sealed Roof: Ensuring long-term durability and lower maintenance costs. Submetered Units: Allowing tenants to be responsible for their own electric-utility costs, increasing efficiency. Parking Potential: Two-car tandem driveway with additional parking opportunities in the rear of building to increase revenue. Prime Location: Walking distance to public transportation, shopping, and dining options.
Features of 340 Locust Avenue
| MLS® # | 842798 |
|---|---|
| Price | $1,050,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,868 |
| Square Footage | 3549 |
| Acres | 0.08 |
| Year Built | 1926 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 340 Locust Avenue |
|---|---|
| City | Port Chester |
| County | Westchester County |
| State | NY |
| Zip Code | 10573 |
Amenities
| Horse Property | No |
|---|---|
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected |
| Parking | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Oil |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Construction | Brick |
|---|
School Information
| District | Port Chester-Rye |
|---|---|
| Elementary | Thomas A Edison School |
| Middle | Port Chester Middle School |
| High | Port Chester Senior High School |
Additional Information
| Date Listed | April 1st, 2025 |
|---|---|
| Days on Market | 44 |
| Taxes | $14,666 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Santos Realty Group, LLC |
|---|