Listed price in listed location currency (USD).
$1,100,000

5310

MLS® 1037417

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes $15,607
Days Active 0
Lot Size 0.1113 Acres
Approx. Age 1900
MLS® Number 1037417

Property Address: 124 Pelham St, Mamaroneck, NY, 10543-1881

Average square foot calculated using Size range provided by listing agent.

Description

For the first time in 50 years, this well-maintained three-family home is ready for its next owner. Lovingly cared for by the same family for five decades, the property has been maintained with pride and offers the kind of turnkey setup that makes investing easy. All three apartments are fully rented, with leases already in place and a combined monthly rent of $7, 150. The first and second-floor units each offer 2 bedrooms and 1 full bathroom, while the third unit is configured as a 1-bedroom but is being utilized as a 2-bedroom. One of the best features of the property is that every unit has its own private outdoor terrace, giving tenants something that is hard to find in a multifamily rental. Unit 1 and Unit 2 each have their own washer and dryer, while Unit 3 has washer/dryer hookups. Recent improvements include new windows throughout the entire home, a brand-new above-ground oil tank, a three-year-old hot water tank, and new garage doors. There is also a detached garage, offering additional storage or future income potential. And then there’s the location. Just half a mile from the Mamaroneck Metro-North station and Mamaroneck Avenue, tenants have easy access to transportation, restaurants, shops, and everything downtown Mamaroneck has to offer. With strong rental income, separate outdoor spaces for each apartment, long-term ownership history, recent updates, a detached garage, and tenants already in place, this is a property that is truly set up to cash flow from day one.
MLS® Number1037417
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementBilco Door(s), Common, Full, Unfinished
DrivewayDriveway, Garage
Garage Spaces
HeatOil
A/CWall/Window Unit(s)

Extras

Washers, Dryers, Refrigerators, Gas Ranges

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 20, 2026List Date
$1,100,000List Price

Home Appraisal

This property is estimated to sell between: $1,100,000 and $2,092,000.
Similar properties in this area sold on average for: $1,760,966
Expect to pay over asking. 67% of similar properties sold for more than the asking price.
Expected to sell in 18 days. Similar properties sold in 18 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
124 Pelham St, Mamaroneck, NY

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