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.
41 Ellis Place | MLS# 991931
This multi-family property located at 41 Ellis Place, Ossining, NY 10562 is currently listed for sale with an asking price of $550,000. Ellis Place is located within the Ossining school district. Search Ossining real estate on antoinettesteo.laffey.com today.
Send an email with a link to 41 Ellis Place, Ossining, NY 10562.
REQUEST INFORMATIONx
Contact an agent to learn more about 41 Ellis Place, Ossining, NY 10562.
GET PRE-APPROVEDx
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/01/2026. The listing information on this page last changed on 05/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/01/2026 12:02:22 AM EST) or OneKey MLS (last updated Fri 05/01/2026 12:00:25 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
You are now registered to view virtual open houses for the listings.
Register to View this Listing
Why Create an Account?
If you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
With an account you can:
Save your favorite listings
Save searches with your important parameters
Be emailed about new listings that meet your criteria
Be notified of changes to your saved listings such as a price reduction or when a property goes off the market
41 Ellis Place | MLS# 991931
This multi-family property located at 41 Ellis Place, Ossining, NY 10562 is currently listed for sale with an asking price of $550,000. Ellis Place is located within the Ossining school district. Search Ossining real estate on antoinettesteo.laffey.com today.