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Property Description

First time on the market in over 60 years! Welcome to 12 Chester St, located in the Village of Matinecock within desirable Locust Valley. This mint two family home presents an exceptional opportunity for both homeowners and investors. The current owner has enjoyed occupying one unit while generating income from the other, an ideal arrangement for flexible living. Each unit features an eat in kitchen with stainless steel appliances, full bathroom, a comfortable living room and two bedrooms. The property offers charming curb appeal with a lovely large porch that welcomes you as soon as you drive up. The house has ample off street parking and a large storage shed. Additional highlights include a full unfinished basement with washer/dryer, as well as a large,spacious attic offering endless potential. Close to town, train station, shopping and so much more. This is a rare find in Locust Valley, not to be missed.

12 Chester Street | MLS# 1008842

This multi-family property located at 12 Chester Street, Locust Valley, NY 11560 is currently listed for sale with an asking price of $1,049,000. Chester Street is located within the Locust Valley school district. Search Locust Valley real estate on the-wolin-team.coldwellbankerprime.com today.

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Open House Saturday June 6th, 10:00am - 11:30am
Open House Sunday June 7th, 12:00pm - 1:30pm

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Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas
Home Style: A-Frame
Lot Size: 0.22 Acres
Taxes: $11,583
Year Built: 1912

Amenities

First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Entrance Foyer
Storage

Feature Descriptions

Attic: Full
Building Area Total: 1664
Cap Rate: 11560
Exterior: Frame
Heating Zones: 2
Included In Taxes: Trash
Laundry: In Basement
On Market Date: 2026-06-03
Parcel Number: 2421-23-K-00-0027-0
Parking Features: Driveway
Rental Term: Monthly
Sewer: Cesspool
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Trash Collection Private, Water Connected
Water: Public

Local Schools

High School: Locust Valley High School
Middle School: Locust Valley Middle School
Elementary School: Ann Macarthur Primary School
School District: Locust Valley

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Estimated Payment

$ 3,605.83 per month $2,334.62 Principal & Interest $965.25 Property Tax $305.96 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: LAFFEY REAL ESTATE
Agency Contact: 516-922-9800

Shown By

Agent Name: TEAM Wolin Team
Agent Phone: Primary
Agency Title: Coldwell Banker Prime Properties

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