Ossining, NY Real Estate Search

Ossining, NY Multi-Family Homes for Sale

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Newest Ossining, NY Multi-Family Homes for Sale

$1,600,000
11 Beds 9 Baths 1008123 MLS
Rare multi-residence property offering exceptional flexibility, income potential, and a picturesque setting on beautifully landscaped grounds with scenic views of a shared pond. Nestled among mature trees and expansive lawns, this unique offering features three separate residential structures situated on one parcel, creating an outstanding opportunity for investors, owner-occupants, multi-generational living arrangements, or those seeking additional rental income. The centerpiece of the property is a stately Center Hall Colonial featuring 4 bedrooms, 4 bathrooms, a finished walkout lower level with recreation room and summer kitchen, and a wraparound porch and patio overlooking the tranquil pond. Enjoy peaceful water views, fishing, canoeing, and the natural beauty of this remarkable setting right from your backyard. A second building offers two residential units. The lower level is configured as a 1-bedroom, 1-bathroom apartment with patio access and pond views. The upper level has been taken down to the studs and presents a value-add opportunity to complete a spacious 2-bedroom, 1-bathroom unit to your specifications. The third building is a two-family residence featuring a spacious 4-bedroom, 2.5-bathroom main unit with porch, plus an additional 1-bedroom, 1-bathroom apartment. Additional highlights include a detached garage, parking for 10+ vehicles, extensive stonework, mature landscaping, and a truly park-like setting surrounding the shared pond. A rare opportunity to own a versatile property with multiple income streams and exceptional outdoor amenities in a highly desirable setting.

120 Spring Valley Road, Ossining

$550,000
6 Beds 3 Baths 991931 MLS
Legal 2-family opportunity in the heart of Ossining offering exceptional value, versatility, and upside potential. Priced at $550,000, this spacious property features a 5-bedroom, 3 full bath layout plus a separate studio apartment with its own private entrance—ideal for investors or owner-occupants looking to generate rental income. Set on a 7,405 sq ft lot, the home offers approximately 2,276 sq ft of living space with classic architectural charm including a mansard-style roof, covered front porch, and original details throughout. The property features multiple living areas, generous room sizes, and flexible layout options to accommodate extended living or rental configurations. Interior spaces offer a blend of character and opportunity. Bright rooms with hardwood floors, large windows, and high ceilings provide great natural light. Kitchens and baths are functional with room for updates, making this a strong value-add opportunity. Separate living quarters allow for privacy between units, enhancing rental appeal. The exterior offers a large private driveway with ample off-street parking, a rare find in this area, along with a spacious backyard and patio area—perfect for outdoor use, entertaining, or future improvements. A detached structure and additional outdoor space provide even more potential. Located on a quiet residential street, the property is just minutes from downtown Ossining, shops, restaurants, parks, and the Hudson River waterfront. Commuters will appreciate easy access to Metro-North, offering a convenient commute to NYC. The area continues to see strong demand due to proximity to major employment hubs including White Plains, Tarrytown, and Stamford. With comparable multi-family properties in Ossining selling significantly higher, this property presents a compelling opportunity to build equity and maximize returns. Whether you are looking to invest, renovate, or live in one unit while renting the other, this is a property with strong income potential and long-term growth. A rare chance to own a legal 2-family with a separate studio in a sought-after Westchester location.

41 Ellis Place, Ossining

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.