Price Reduced 16.70%
Price History
$1,499,999
4/21/2026
$1,249,500
5/5/2026
314 S 5th Ave, Mount Vernon, NY, 10550
7 beds
4 Full baths
1960
Triplex
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.
Status:
Active
Type:
Single-family residential
Units:
3
Garage:
2-car
Heating:
Baseboard
Cooling:
Wall/Window Unit(s)
Basement:
Finished
Parking:
Parking Lot
Est. Taxes:
$21,000
Construction
Foam Insulation, Stucco
Utilities
Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Elementary School:
Cecil H Parker School
Middle School:
Benjamin Turner Middle School
High School:
Mt Vernon High School
School District:
Mount Vernon
Days on Market:
14
MLS #:
987284
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of eXp Realty 888-276-0630