Sold

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.

Listed byeXp Realty
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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

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Sourced from: Onekey MLS MLS®#: 987284 Last checked:

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