529 Locust ST Fleetwood, NY 10552
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1050524
Style Colonial
Bedrooms 5
Full Baths 3
Rental Info No
Year Built 1923
Annual Tax Amount $20,300
Lot Size 5,061 Sqft
Acres 0.1162
Property Sub-Type Triplex
Source onekey2
Property Description
One unit is vacant and physically separate from the other two, giving a live-in owner real privacy while collecting rent from the remaining apartments. The vacant unit previously rented for $2,100. The second-floor apartment is leased month-to-month at $2,250; Apartment 1N is leased month-to-month at $2,692. Combined in-place rent is $4,942, with room to grow once the third unit is occupied.
Apartment 1N was fully renovated in 2023 with spray-foam insulation, sound-proof ceilings, 100-amp electric service, and new plumbing, kitchen, and bath. A new architectural roof was installed last year and carries a transferable 30-year warranty.
Utility setup is practical and already configured for tenant-paid service. The landlord currently pays hot water for all three apartments and heat for 1S and 1N through a hot-water oil boiler; the house is also set up so 1S and 1N can each pay their own hot water via separate 40-gallon electric tanks. The second-floor apartment has its own 40-gallon gas hot-water tank and pays its own gas stove and electric heat (heat-pump central air). Units 1S and 1N have split AC/heat systems, electric stoves, and pay their own electric.
Location is the standout. A staircase from Locust Street leads to the Fleetwood Metro-North station on the Harlem Line — typically about 28 minutes to Grand Central. Bee-Line buses, the Cross County Parkway, Bronx River Parkway, Hutchinson River Parkway, and I-95 are all close by. Gramatan Avenue's shops, cafés, markets, and restaurants are walkable; schools including Pennington and other Mount Vernon options serve the neighborhood. A grassy rear yard with gazebo and storage completes the package. ?
Ideal for an investor seeking cash flow in a high-demand commuter pocket, or for an end user who wants to live in the separate vacant unit and let the other two apartments help carry the house.
Location
State NY
County Westchester County
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, High Ceilings, Natural Woodwork, Other, Storage, Walk Through Kitchen, Washer/Dryer Hookup
Heating Baseboard, Electric, Natural Gas, Oil, Other
Cooling Central Air, Electric, Varies by Unit, Wall/Window Unit(s)
Fireplace No
Laundry In Unit, Multiple Locations, Washer Hookup
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Fence Back Yard
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools Mount Vernon Leadership Academy
Middle Schools Benjamin Turner Middle School
High Schools Mount Vernon
School District Mount Vernon
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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