Rare opportunity to acquire a solid income-producing two-family property on North Avenue which has potential development opportunities in the future.  This property is comprised of a 3 Bed/1 Bath apartment on the first floor and a 6 bedroom/2 Bath Duplex apartment on floors 2 and 3.  The walk-out basement contains a fairly new boiler, hot water heater, oil tank, gas, and electric meters as well as ample storage space.  The side alley leads to a side entrance and to a level back yard.  The apartments are well maintained and fully leased.  In addition to this property being a low maintenance income-producing asset, the lot, along with the neighboring lot, may allow for a future mixed-use development with additional stories above the allowable height possible by utilizing DOZ-5 zoning variances (please verify allowable uses with the New Rochelle Building and Zoning Department).  This is a unique offering in a vibrant and growing part of New Rochelle.