Exceptional opportunity to own a legal three-family property in the heart of Peekskill! Situated on a desirable corner lot, this well-maintained property features three separate residential units, offering flexibility for both investors and owner-occupants alike.
The home includes a first-floor studio, a spacious three-bedroom unit on the second floor, and a two-bedroom unit on the third floor. Each unit offers functional layouts, ample natural light, and separate living spaces, making this an ideal setup for rental income or multi-generational living. The property is being sold with an updated Certificate of Occupancy and can be delivered fully vacant, as all current tenants have been given notice and are expected to vacate by May 1st. This presents a rare opportunity to set your own rents or customize the property to your needs from day one. Additional features include off-street parking, a garage, and a private yard, all located just minutes from downtown Peekskill, Metro-North, shopping, dining, and major roadways.
Whether you're looking to expand your investment portfolio or occupy one unit while generating income from the others, this is a versatile and high-potential property you won’t want to miss.
1619 Lincoln Terrace, Peekskill, NY 10566, is a 5 bedroom, 3 bathroom Multi Family built in 1920.
This property is currently available for sale and was listed on OneKey® MLS on 3-19-2026.
The MLS# for this Multi Family is MLS# 972719.
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