Karen Larson
BEDS6
BATHS3 full
MLS#1001625
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNew Rochelle
Property Description
Exceptional Investment Opportunity in the Heart of New Rochelle!. Welcome to 304 Lockwood Ave, this income-producing property is located in this vibrant New Rochelle, one of Westchester County's fastest-growing cities. Calling all savvy investors with great vision-this fully tenant-occupied three-family home offers the perfect combination of cash flow, convenience, and long-term potential. The property features: Unit 1: 3 bedrooms, 1 full bathroom, kitchen, living-room. Unit 2: 2 bedrooms, 1 full bathroom, office area, kitchen and living-room. Unit 3: 1 bedrooms, 1 full bathroom, cozy kitchen and living-room. Basement offers great storage space. Outside, enjoy a large backyard with endless possibilities-perfect for grilling, entertaining, or creating a relaxing outdoor retreat. Location is everything, and this property delivers. Conveniently situated just a short walk from the Metro-North Railroad, Montefiore Hospital, commuters can reach Midtown Manhattan in under 30 minutes, making this an ideal rental location. Residents also enjoy easy access to shopping, restaurants, parks, and all the conveniences of city living with a suburban feel. As New Rochelle continues experiencing tremendous growth and development, this property presents not only a strong current income stream but also exciting future upside potential. Other features: New roof, natural gas meter (3), electric meters (3), huge storage area in the basement. washer/dryer hood ups and much more !!!
Property Features
Property Type: Multi Unit - Multiple
Basement: Bilco Door(s)
Cooling: None
Heating: Baseboard
Home Style: Colonial
Lot Size: 0.08 Acres
Taxes: $10,514
Year Built: 1906
Amenities
First Floor Bedroom
First Floor Full Bath
Master Downstairs
Storage
Feature Descriptions
Building Area Total: 2500
Exterior: Frame
Flooring: Combination
Heating Units: 1
Included In Taxes: Sewer, Trash
Inclusions: 3 refrigerators, 3 stoves
Laundry: In Basement
Lot Features: Back Yard, Level, Near School
On Market Date: 2026-05-20
Parcel Number: 1000-000-004-01312-000-0022
Parking Features: On Street
Parking Total: 0
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 3
Utilities: Natural Gas Connected
Water: Public
Local Schools
High School: New Rochelle High School
Middle School: Isaac E Young Middle School
Elementary School: Columbus
School District: New Rochelle
Estimate Your Payment
Estimated Payment
$ 5,074.51 per month $3,969.39 Principal & Interest $876.17 Property Tax $228.96 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Partner
Agency Contact: 914-962-0007
Shown By
Agent Name: Karen Larson
Agent Phone: (917) 678-7443
Agency Title: Coldwell Banker American Homes
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304 Lockwood Avenue | MLS# 1001625
This multi-family property located at 304 Lockwood Avenue , New Rochelle, NY 10801 is currently listed for sale with an asking price of $785,000. Lockwood Avenue is located within the New Rochelle school district. Search New Rochelle real estate on karenlarson.cbamhomes.com today.