314 S 5th St

Mount Vernon, NY 10550
  • $1,499,999

    Price
  • 7

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing EXPRLT01 - 346095

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 $950/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.

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 987284
Year Built 1960
Total Square Footage 0
Lot/Acreage N/A
School District Mount Vernon
Elementary School Cecil H Parker School
High School Mt Vernon High School

Interior Details

  • Bedrooms: 7
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished
  • Other: First Floor Bedroom,First Floor Full Bath
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: 2 car
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Parking Lot

Financial Details

  • Tax Amount: $21,000
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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Questions About..

314 S 5th St Mount Vernon, NY 10550

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Originating MLS: onekey2

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