#866131, Listing office: Realmart Realty LLC
Property details
About 340 Locust Ave
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.
Highlights
Summary
- Full Bathrooms: 3
- Basement: Yes
- Interior: First Floor Bedroom, First Floor Full Bath
- Total Bedroom Count: 5
- Parking: Driveway
- Heating: Oil
- Cooling: None
- List Price: $990,000
- Annual Tax Amount: $13,107
- Tax Year: 2019
- Directions: GPS / Putnam Avenue to Locust Ave.
- Year Built: 1926
- Lot Size: 0.0815 Acres
- MLS Number: 842798
- MLS Name: ONEKEY2
- Office Name: Santos Realty Group, LLC
- Office Phone: (914) 939-2390
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 28, 2017 | Home Sold | $420,000 |
May 03, 2004 | Home Sold | $420,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $616,400 | $- |
2022 | $581,500 | $- |
2021 | $472,000 | $- |
2020 | $462,700 | $- |
2019 | $415,900 | $13,107 |
2018 | $382,500 | $14,488 |
2017 | $407,100 | $14,796 |
History based on county public records data.
Nearby schools
5
Thomas a Edison School
Public District KG-5
0.1 mi
•132 Rectory St
5
New Lebanon School
Public District PK-5
0.7 mi
•25 Mead Ave
4
Park Avenue School
Public District KG-5
0.8 mi
•Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,515. The majority of Port Chester, NY residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 340 Locust Ave
The listing price of 340 Locust Ave property is $990,000.
The property 340 Locust Ave is a multi located in Port Chester, New York, 10573.
Active Listing: 340 Locust Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 340 Locust Ave are: Thomas a Edison School (GreatSchools Rating 5/10), New Lebanon School (GreatSchools Rating 5/10), Park Avenue School (GreatSchools Rating 4/10), Western Middle School (GreatSchools Rating 7/10), Port Chester Middle School (GreatSchools Rating 4/10), Blind Brook-Rye Middle School (GreatSchools Rating 10/10), Port Chester Senior High School (GreatSchools Rating 5/10), Blind Brook High School (GreatSchools Rating 10/10), Rye High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2019 is $13,107 (source: MLS/based on county public records data).
The last sale was on December 28, 2017 for $420,000 (source: MLS/tax record).
The year of construction for 340 Locust Ave is 1926.
This home is located at 340 Locust Ave in Port Chester, NY and zip code 10573. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $990,000.
In June 2025, from all listings sold in Port Chester, NY there were more than 8 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Port Chester, NY between May and June 2025 decreased by 22.1%. In June 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $747,500.