314 S 5th Ave, Mount Vernon, NY, 10550
$1,249,500
$1,499,999
activeBedrooms
7
Bathrooms
4
Year Built
1960
Garage
2 car
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Jaswinder Rehal, eXp Realty
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of May 11, 2026, 7:14 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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