Pending

41 Ellis Place

Ossining, NY 10562
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Bed 6

Bed

Bath 3

Bath

Acres0.17

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $550,000

AD Id : 77806223

MLS Id : 991931

Beds : 6

Lot Size : 0.17 Acre

Year Built : 1912

County : Westchester

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Storage Space
  • Flooring Information

    Hardwood, Tile
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Cooling: None

  • Building Information

    Year Built: 1912 Building Area Total: 2276 Construction Materials: Shingle Siding Private Pool: No

  • Lot Information

    Lot Size Acres: 0.17 Lot Size Square Feet: 7405

  • Listing Price Information

    Listing Price: $550000

  • Tax Information

    Parcel Number: 4203-089-020-00000-000-0030-000-0-3 Annual Tax: $16434.52

  • Parking Information

    Driveway, Private

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Ossining High School
  • Utility Information

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

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
32 Terrace Avenue, Ossining, NY, 10562 $699,000 3 2 --
1 Edward Street, Ossining, NY, 10562 $710,000 5 2 --
58 State Street, Ossining, NY, 10562 $600,000 3 1 --
39 Secor Road, Ossining, NY, 10562 $675,000 3 2 --

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 06/04/2026 @ 20:02

MLS: 991931 LISTED BY: Paula Esteves, Century 21 Full Service Realty 845-639-1234 SOURCE: OneKey MLS

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