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124 Pelham Street

Mamaroneck, NY 10543
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Bed 5

Bed

Bath 3

Bath

Acres0.11

Acre(Lot)

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. Re cent 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 89790993

MLS Id : 1037417

Beds : 5

Lot Size : 0.11 Acre

Year Built : 1900

Garage : 2

County : Westchester

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Full, Unfinished
  • Interior Features

    Ceiling Fan(s), Eat-in Kitchen, Recessed Lighting Appliances: Refrigerator Laundry Features: In Unit, Multiple Locations
  • Heating & Cooling

    Has Heating: Yes Heating: Oil Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1900 Building Area Total: 3807 Construction Materials: Aluminum Siding Patio And Porch Features: Porch, Terrace Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Size Acres: 0.1113 Lot Size Square Feet: 4850

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 3203-008-000-00033-000-0220 Annual Tax: $15607

  • Parking Information

    Parking Total: 10 Driveway, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Mamaroneck Avenue
    Junior High School: Hommocks School
    Senior High School: Mamaroneck High School
  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: GPS friendly WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
903 Howard Avenue, Mamaroneck, NY, 10543 $830,000 4 2 --
912 Lester Avenue, Mamaroneck, NY, 10543 $998,000 -- -- --
678 Mamaroneck Avenue, Mamaroneck, NY, 10543 $1,525,000 9 5 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 08/21/2026 @ 22:42

MLS: 1037417 LISTED BY: Steven Weishaus, Julia B Fee Sothebys Int. Rlty 914-834-0270 SOURCE: OneKey MLS

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