This well-designed multi-family Colonial with two residential units offers a versatile opportunity in the Peekskill market. Built in 1990 and set on a generous .38-acre lot, the property provides approximately 1,872 square feet of living space with a practical two-level configuration that supports flexibility, functionality, and long-term value. The property features two private, side-by-side front entrances leading to separate first-floor and second-floor residences. Each unit offers an enclosed front porch, a comfortable living room, dining area, kitchen, two bedrooms, and one full bathroom. The layouts provide clear separation between the residences while maintaining a cohesive flow throughout the home. Both units also include a semi-enclosed rear porch, adding additional usable space for storage or everyday living. Kitchens are equipped with a range and refrigerator, supporting everyday functionality. The expansive lot allows for outdoor enjoyment and future possibilities. While the home offers a solid foundation and functional layout, it presents an opportunity for a new owner to bring their vision and updates to enhance its full potential. Ideal for buyers seeking a two-unit property, multi-family home, or a residence with built-in income potential, this Peekskill offering combines layout, land, and versatility in a classic Colonial setting. Property is being sold as is and is subject to short sale approval.