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Hawthorne Multi-Family Properties for Sale

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Newest Hawthorne Multi-Family Homes for Sale

$735,000
1045579 MLS
Investment Opportunity – High Cash Flow Property in the Heart of Poughkeepsie Presenting 40 S. Hamilton Street, a rare opportunity to acquire a proven income-producing property in the City of Poughkeepsie. This well-established rooming house consists of nine private single-occupancy rooms, seven bathrooms, providing affordable and independent living accommodations that serve a critical role in the local housing market. This property is a grandfathered rooming house (meaning no other property can be zoned as a rooming house without a special permit). Coin operated laundry also included in the basement. The property has demonstrated strong and consistent performance, currently generating approximately $100,000 in annual gross rental income with a current NOI of $49,315. Residents enjoy access to shared common areas including a communal kitchen, lounge, and hallway facilities on each floor, creating a practical and cost-effective housing solution for tenants. Situated on a generous lot, the property features a large rear driveway with ample off-street parking, a valuable amenity for both tenants and management. A substantial basement provides additional storage space and operational flexibility. For investors seeking immediate cash flow, this property is generating income from day one. Beyond its current performance, there are multiple avenues for future upside. Four apartment conversion is allowed by right. If you split the lot, you can build eight apartments on a knockdown. Student housing is also permitted outright (with Marist, Vassar, Dutchess Community College, and CIA nearby). You can also continue operating as a successful rooming house rental property. The combination of strong in-place income, parking, storage, and future value-add potential makes this an attractive acquisition for both experienced and aspiring investors. Additionally, there is a small parking lot in the rear of the building. Whether you're looking to expand your portfolio with a stabilized asset or capitalize on redevelopment and repositioning opportunities, 40 S. Hamilton Street offers a compelling blend of cash flow, flexibility, and long-term potential in a growing rental market.

40 S Hamilton Street, Poughkeepsie

$899,999
5 Beds 2 Baths 1040149 MLS
Welcome to 8520 90th Street, a spacious 5-bedroom, 2-bathroom, 20 foot wide multifamily home in the heart of Woodhaven. This property offers a great opportunity for homeowners, or investors seeking versatile living space in a well-connected Queens neighborhood. Renovated in 2014, the home features updated electric, recessed lighting, updated kitchens and bathrooms. The layout provides flexibility for comfortable living with high rental income. The property is conveniently located near public transportation, shopping, restaurants, schools, and everyday conveniences. The owners duplex unit includes a bedroom and living room on both the first and the second floor, allowing flexibility in layout. The second floor rear is a separate unit with separate gas cooking and electric and provides extra income. The basement has 2 exits, one in both the front and back. The property has gas cooking and has a large naturally shaded backyard perfect for hangouts. Enjoy easy access to Forest Park, one of Queens' largest green spaces, offering walking trails, recreation, sports fields, playgrounds, and plenty of opportunities to enjoy the outdoors. Commuters will appreciate the property's proximity to the subway (only 5 blocks to J train at 85 st Forest Parkway) and , making travel throughout Queens and into Manhattan convenient. With its spacious layout of over 1880 finished square foot in living space, extra space in the basement, multifamily configuration, and desirable Woodhaven location, 8520 90th Street presents an excellent opportunity to own a versatile property in Queens. Come see the possibilities and make this home your own.

8520 90th Street, Woodhaven

$399,000
4 Beds 3 Baths 1044575 MLS
Multi-family homes are a rare find in the Village of Pawling, making this two-family, two-story property an exceptional opportunity for an owner-occupant or investor seeking income-producing real estate in a highly convenient location. The building offers two apartments, including a spacious 3-bedroom, 2-bath residence with approximately 1,680 square feet spanning the first and second floors, and a 1-bedroom, 1-bath apartment with approximately 679 square feet located on the rear of the first floor. Both units are occupied by long-term tenants who would like to remain, while flexible month-to-month leases provide options for a new owner. Apartment 5A is entered through a covered front porch and features an entry with a hall closet, large living room, nicely sized kitchen with dining area, full bath, and access to the basement. Upstairs are three bedrooms, a large bedroom with two closets, a smaller bedroom in the middle and a spacious rear bedroom offering two walk-in closets plus an additional closet. A second full bath completes the upper level. The tenant is responsible for oil heat, electricity and cable, as does the lawn maintenance and snow removal. Apartment 5B has a private rear entrance into a large living room with a hall closet and a convenient closet with a combination washer and dryer. The bedroom features a large walk-in closet, while the kitchen provides space for a table. The full bath includes a walk-in shower. The tenant is responsible for electricity (electric heat), and cable. The landlord is responsible for the propane for the two gas stoves, quarterly municipal water and sewer, and annual garbage service through the Village of Pawling. Each apartment has two tandem parking spaces, with convenient three-hour municipal parking available directly across the street for guests. A large shed provides additional storage, and both tenants enjoy use of the backyard. The location is especially appealing for those who want to enjoy village living without relying on a car. Boutique shops, fine dining, casual eateries, local pubs and the seasonal farmers' market are all just a short distance away, while the Pawling Metro-North train station is less than half a mile from the property. A rare opportunity to own a well-located multi-family property in the heart of the Village of Pawling with established tenants and flexible lease arrangements.

5 Henry Street, Pawling

$949,000
4 Beds 3 Baths 1045386 MLS
Back on the Market - Newly Vacant and Move-In Ready! Welcome to 86-31 131st Street! A stunning two-family duplex, perfectly situated along the border of Kew Gardens and Richmond Hill. This exquisite MUST-SEE residence boasts a generous layout, featuring 4 spacious bedrooms, 3 elegantly appointed bathrooms, and a fully finished basement. This property has been meticulously maintained and thoughtfully renovated, rebuilt completely from the inside out. In 2012, full gut renovations transformed this duplex into a modern masterpiece including new plumbing, electrical, sprinkler systems, water main, roof, siding, and even front gate —ensuring peace of mind for years to come. Adding further value to this exceptional offering, the boiler, water heater and some stainless-steel appliances have also been newly updated in the last 1-4 years. As you enter through the foyer, you are greeted by an expansive living room bathed in natural light from large windows that create an inviting atmosphere. The seamless flow of hardwood floors throughout adds a touch of sophistication and warmth to every corner of this home. The heart of the home lies in the eat-in kitchens, with ample space to entertain. On the first floor, the kitchen not only offers functionality but also grants direct access to your own private backyard - a rare find in city living and ready for you to create your own oasis! Imagine hosting summer barbecues or enjoying quiet evenings under the stars in your spacious outdoor retreat. The lower level features its own entrance, leading to a versatile basement space that can be tailored to your needs. Separately, its spacious dedicated laundry area with washer, dryer and utility sink may be independently accessed by the entire duplex. This home is conveniently located near parks, schools, medical centers, shopping centers, and public transportation options that connect you effortlessly to the rest of the city. Don’t miss out on this rare opportunity! Schedule your private tour today and experience firsthand the elegance and charm that awaits you.

8631 131st Street, Richmond Hill

$1,399,999
6 Beds 4 Baths 1045263 MLS
Excellent investment opportunity in the heart of the Bronx! 1581 Hollywood Avenue is a solid brick four-family property offering approximately 2,100 square feet of living space on a 3,156-square-foot lot. Built in 1972, the property features a versatile unit mix consisting of a 3-bedroom, 2-bedroom, 1-bedroom, and studio apartment, providing multiple income streams and strong rental potential. A major advantage for investors or owner-occupants is that the property will be delivered vacant, allowing the new owner to immediately renovate, reposition, and establish rents based on current market conditions. Each tenant has separate heat and electric, helping simplify utility management and operating expenses. The property also includes a finished walkout basement, providing additional functional space. One of the property's standout features is its oversized garage with a loft, offering tremendous space for storage, a workshop, vehicles, or other potential uses. Between the garage and backyard area, there is parking for approximately five cars—a valuable feature in the Bronx. Situated on an R4A-zoned 3,156-square-foot lot, the property offers an attractive combination of existing income-producing potential, parking, storage, and future possibilities. Buyers should independently verify permitted uses, zoning, and development potential. The location provides convenient access to transportation, shopping, recreation, and major roadways. Both the Middletown Road and Buhre Avenue 6 train stations are within walking distance, making commuting throughout the Bronx and into Manhattan convenient. Pelham Bay Park, New York City's largest public park, is nearby, along with the shops, restaurants, and neighborhood amenities along Crosby Avenue. Easy access to the Hutchinson River Parkway adds even more convenience for drivers. With four residential units, vacant delivery, separate utilities, substantial parking, an oversized garage with loft, and room to maximize rental income, 1581 Hollywood Avenue presents a rare opportunity for investors, owner-occupants, or buyers looking to add a flexible multifamily property to their portfolio.

1581 Hollywood Avenue, Bronx

$399,900
4 Beds 2 Baths 1045237 MLS
Impeccably Maintained Two-Family — First Time on the Market! Step inside this impeccably maintained two-family home and feel as though you’ve walked into a beautifully preserved time capsule! Offered for the first time on the market, this special property reflects years of pride of ownership, with beautiful original woodwork, charming details, and exceptional care throughout. The home features two separate 2-bedroom units, each offering comfortable living spaces and newer appliances. Recent improvements include kitchen sinks approximately 3 years old and a roof approximately 10 years old. The property offers gas utilities and separate electric, making it an excellent opportunity for an owner-occupant, extended family, or investor. Enjoy additional living and recreational space with a game room in the attic, plus the unique bonus of a bomb shelter. Welcoming front and back porches add even more charm and provide wonderful places to relax. Outside is where this home truly surprises! Step into your own private backyard oasis, completely fenced and already set up for outdoor entertaining. The outdoor furniture is included, along with the screened in small house with electric, so the new owners can move right in and immediately enjoy gatherings, barbecues, or peaceful evenings at home. With off-street parking for two cars, two 2-bedroom units, wonderful original character, outdoor entertaining space, and a history of meticulous care, this is a rare opportunity to own a truly special two-family home that has been loved and maintained for generations.

26 Lent Street, Poughkeepsie

$1,099,000
6 Beds 5 Baths 1040330 MLS
Some two-family homes sell the shine. 117-05 145th Street sells a better homeownership equation. Offered below $1.1M, this well-kept semi-detached home presents a different path to two-family ownership, one that prioritizes income potential, privacy, parking and usable space without requiring a buyer to enter the higher price tier commonly attached to new two-family homes in Queens. The property is configured as two legal residential units, each offering three bedrooms and two full bathrooms. Both primary bedrooms include private full bathrooms, giving each residence a level of separation and functionality that matters in everyday living. The vacant upper residence offers a bright living and dining area, hardwood floors and direct interior access to additional finished basement space with a washer, dryer and bathroom. This creates a larger, more flexible owner’s footprint while preserving the first-floor residence as a separate legal unit capable of helping offset the cost of ownership. The first-floor residence follows a substantially similar three-bedroom, two-bathroom arrangement, with differences in stair placement. The full finished basement provides additional usable space with high ceilings and a separate exterior entrance. Outside, the property continues to work in practical ways. A gated and landscaped front yard creates a strong first impression, while the paved driveway provides comfortable off-street parking for up to three vehicles. The fenced backyard includes both lawn and paved areas, offering space that can be used and enjoyed without requiring an extensive renovation. The home was completed in 1998 and has been carefully maintained through the years. It gives the next owner the opportunity to purchase a property that presents well, personalize it over time, and avoid paying someone else’s renovation premium. Located near public transportation, JFK Airport, Baisley Pond Park, Baisley Pond Playground and Athletic Fields, Dr. Charles R. Drew Park, P.S. 123 and neighborhood conveniences. 117-05 145th Street is more than a collection of bedrooms and bathrooms. It represents a better ownership equation: two legal residences, genuine rental-income opportunity, additional finished space, off-street parking and the ability to make the property your own without entering the premium pricing tier. For buyers evaluating what their money should accomplish, this is one of the most compelling two-family value propositions that Queens has to offer.

11705 145th Street, Jamaica

$999,999
4 Beds 3 Baths 1045117 MLS
Welcome to 2110 Tomlinson Avenue, a stunning, move-in-ready legal two-family home showcasing modern finishes, extensive upgrades, and a thoughtfully designed layout. The upper residence offers a spacious two-level duplex. The main level features a separate living room, dining area, beautifully renovated kitchen with direct access to the rear deck/backyard, and a convenient half bathroom. Upstairs, you’ll find three well-proportioned bedrooms and a beautifully renovated full bathroom. The first-floor apartment offers a comfortable one-bedroom layout with its own direct access to the backyard, providing additional privacy and flexibility. What truly sets this property apart is the extensive renovation and investment made throughout the home. Recent improvements include newer windows throughout, ductless mini-split units servicing the upper duplex, radiant floor heating, updated plumbing and electrical systems, and a sump pump system. The property features two separate heating zones , one dedicated to each apartment, along with two separate gas meters. For added convenience, the property also features three separate electric meters: one for the upper apartment, one for the first-floor apartment, and a separate PLP meter for the garage and utilities room. The exterior has also been beautifully improved with recently completed entrance pavers and a renovated driveway, enhancing both curb appeal and functionality. Modern, beautifully finished, and extensively upgraded, this exceptional two-family property offers the perfect combination of style, functionality, and long-term value. Truly move-in ready and a must-see!

2110 Tomlinson Avenue, Bronx

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.