**The subject property is a two-family house in the eastern vicinity of New Rochelle, a predominantly residential area consisting of a variety of stylish homes. **The property has been renovated and brought up to date and is in excellent condition. **All core facilities are in close proximity. Access to major highways to facilitate employment and entertainment facilities. **Surrounded by beautiful tree-lined roads, ensuring mixed-use and commercial properties do not interfere with the commercialization of multifamily homes in the area. **That would be a great investment opportunity! The monthly rent for a similar two-story apartment is $3,100, which is close to $75,000 in total annual income. All utilities except water and sewer are paid for by tenants. **The property is being proposed as a development opportunity, converting it into to a 4-6 residency, (with no added FS). Or even eight units, (with extra FS).