314 S 5th Ave, Mount Vernon, NY 10550
- Beds
- 7
- Baths
- 4
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Great Opportunity to Own a Fully Rented Mixed-Use Property!
This income-producing property generates approximately $8,800/month, offering a strong and consistent return. The property features residential apartment(s), along with separately rented parking spaces and a garage generating an additional $1,100/month. Three recently vacated parking spaces offer further upside at $125/month each, creating multiple streams of income and immediate value-add potential.
Situated on two lots, this property presents a rare opportunity for future development, expansion, or added value (buyer to verify with township).
The building has been well maintained with numerous updates, including an updated basement and exterior, a new tankless water heater, and renovated apartment interiors featuring modern kitchens and updated flooring throughout.
Ideal for investors seeking a turnkey property with reliable cash flow and long term upside.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 7
- Number of bathrooms
- 4
- Year built
- 1960
Interior features
- Basement
- Yes, Finished
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Baseboard
- Cooling
- Wall/window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $21,000
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 987284 Last checked: …

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