5 S 15th Avenue, Mount Vernon, NY, 10550 | $1,100,000

Welcome to your next great opportunity in Mount Vernon! Just steps from the Bronx border, this expansive 3-family home is designed for both investors and multi-generational families. Offering two generous 3-bedroom apartments and one 2-bedroom unit, plus a full finished basement, there’s plenty of space to grow, relax, and entertain. House is a legal 3 family with 4 units. House was built in 1906. Host gatherings in the private backyard, enjoy the convenience of a garage, and never worry about parking with a driveway that fits up to ten cars. This move-in ready property combines comfort with unbeatable convenience—close to the Bee-Line bus, #2 train, Metro-North, highways, schools, hospitals, and shopping districts.

Features

  • Bedrooms: 8
  • Baths: 4 full
  • Laundry: In Basement, In Bathroom
  • Style: Colonial
  • Year Built: 1906
  • Garage: 1-car
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished
  • Acreage: 0.12
  • Est. Taxes: $13,750
  • Lot Desc: Back Yard
  • MLS#: 911096
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /eprop/911096/5s15thavenue_mountvernon_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Lauren SpinaSales Associate

860.995.0172

Lauren.Spina@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5 S 15th Avenue, Mount Vernon, NY, 10550

$1,100,000

Lauren Spina

Sales Associate

William Raveis Real Estate

Phone: 860.995.0172

Lauren.Spina@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment $1,146 $1,146 $1,146
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,791 $5,276 $7,308
Total Monthly Payment $6,062 $6,547 $8,579

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.