226 Fourth Avenue The Perfect Downtown Location! A Legal 2-Family just a few steps from the New Hutchinson Elementary School, Beautiful Downtown Pelham Village, Shops, Restaurants, Banks, Metro North RR Station. First Floor Apartment is rented and yields over $20, 000 a year in rental income. This amount will more than cover your taxes and much, much more! The downtown landscape is developing, and this house is next to what will be a fabulous luxury building once completed. For right now, your imagination is needed. This is Pelham's most affordable house and the only multi-family house listed as of Sept 3rd.