Calling all investors! First time available in over 60 years! Welcome to 98 Pell Place, a rare gem nestled in the vibrant and historic waterfront community of City Island. Whether seeking a smart investment property, weekend gettaway, or primary residence, this charming coastal retreat in the heart of the island can be brought back to its original glory. Step inside and bring a little vision to discover a bright and inviting interior great for entertaining and a sun-drenched living room, which seamlessly flows into a formal dining area and kitchen ripe with potential to build out ample cabinet space and a large center island. A half bath completes the main floor. Upstairs, you'll find three spacious bedrooms, each featuring hardwood floors, generous closet space, and large picture-frame windows, along with a full bathroom. The lower level adds flexibility for a rec room, home office, gym, or guest suite. The private backyard is fenced and perfect for morning coffee or summer barbecues. Located just steps from City Island’s charming shops, top-rated seafood restaurants, picturesque marinas, scenic parks, P.S. 175 City Island and an express bus to Manhattan, this home offers lifestyle, location, and value all day long. Enjoy coastal living with the convenience of city access. Don't miss your chance to own a piece of City Island today!