124 Pelham ST Mamaroneck, NY 10543 New

UPDATED: 08/22/2026 06:10 PM ON MARKET: 7 days on market

$1,100,000

5 Beds3 Baths4,848 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1037417

Style Other

Bedrooms 5

Full Baths 3

Rental Info No

Year Built 1900

Annual Tax Amount $15,607

Lot Size 4,848 Sqft

Acres 0.1113

Property Sub-Type Triplex

Source onekey2

Property 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.


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