Mount Vernon, NY 10550

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3
Pets: Pets No
Lot Size: 0.09 Acres

Financials

Price:$850,000
Annual Taxes:$15,732.82
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams NY Realty

Description

Back on the Market! Great Income or Live In Opportunity! This 2-family home in Mount Vernon offers strong rental income and flexible living options. First Floor: This 2 bedroom, 1-bath unit is rented at $2,200/month to reliable tenants who have paid on time for two years. It features a spacious eat in kitchen, hardwood floors, and a private side entrance. Lease expired; tenants want to renew. Second Floor: This 3 bedroom, 1.5 bath unit is vacant and move in ready. It features a fully remodeled kitchen, private foyer and staircase, and a screened in porch. Market rent estimated at $2,800/month. Additional features include a full basement with front and side access, utility room, potential laundry hookups, backyard with shed, and a one-car garage. Conveniently located near transit, shops, and schools. Situated right on the Bronx border, this property offers quick access to NYC while enjoying the space and comfort of the suburbs. Investor Potential: Estimated market rents of $2,200 and $2,800 provide strong income potential. Estimated annual expenses are approximately $15,200. Whether you want to rent both units or live in one and rent the other, this property is ready for you. Schedule your tour today!

Amenities

  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected
  • Other

Back on the Market ! Great Income or Live In Opportunity !


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.