Quadruplex In Ossining

Exceptional Investment Opportunity – Legal 4-Family Property with Two Separate Buildings

Rare opportunity to own a legal 4-family property consisting of two separate buildings, offering flexible use, strong rental income, and significant owner-occupant potential.

Property Configuration

Left Building

2-bedroom residence, currently rented for $2,600/month
Can be used as a 3-bedroom
Separate building provides the flexibility to use as a single-family residence (SFH)

Right Building

Studio: $2,000/month
2-bedroom apartment – 2nd Floor: $2,050/month
2-bedroom apartment – Rear: $2,050/month
Financial Highlights
Current Gross Rental Income: $8,700/month
Current Gross Annual Income: $104,400
Property Taxes: $22,714/year
Current rents are below market, providing potential for future rental growth
Two-building configuration provides exceptional flexibility for investors and owner-occupants
Property Highlights
Legal 4-family property
Two separate buildings
One building can function as a standalone single-family residence
Flexible layouts with rental upside
Strong current rental income, and tenants pay all their own utilities.
Attractive owner-occupant opportunity: live in one building while generating rental income from the other
Excellent opportunity for investors seeking both current cash flow and future rent growth