#844255, Listing Office: Joseph W Johns
340 Locust Ave Port Chester, NY 10573
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
- MLS Number: 842798
- MLS Name: ONEKEY2
- Office Name: Santos Realty Group, LLC
- Office Phone: (914) 939-2390
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 4/4/2025, 11:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,050,000
340 Locust Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
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. Most Port Chester, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
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 $1,050,000.
In March 2025 more than 3 listings in Port Chester, NY were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of listings in Port Chester, NY decreased by 5.6% between February and March 2025. The median list price of listings available in March 2025 was $745,000, while the average time on the real estate market was 43 days.