Mount Vernon, NY 10550

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets No
Lot Size: 0.10 Acres

Financials

Price:$564,999
Annual Taxes:$11,549.86
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

Description

Attention investors, developers, and end-users! This 2-unit Sprinkler ready light cosmetic fixer-upper is a tremendous income-generating opportunity located on a generous 4,365 sq ft lot with enough space to comfortably fit four vehicles. With this huge backyard, you can explore your imagination. Whether you're looking to renovate and rent, develop the property for higher returns, or create your dream multi-family home, this property has endless potential. Ideal for cash buyers, FHA 203(k) rehab loans, or those using private financing. As you step inside the front door, you'll have two options to enter the first floor apartment, left to the kitchen, or right to the spacious living room. The first floor has two bedrooms, living room, dinin area,1 bath and rear door enrty. As you enter the 2nd floor duplex, you'll see the spacious kitchen and bathroom, livingroom and bedroom. As you enter the third floor, you see an open space and two bedrooms. The bioler and electric panel is in mint condition, and the central heat system can easily be upgrated to central air. This is a perfect project for those with a vision and the ability to unlock its full value. Don't miss out on this rare chance to secure a property with strong upside in a growing market! This prime location is walking distance to the Metro North train station (One block away) and shopping district. Drive by, see for yourself, then contact agent..

Amenities

  • Electricity Available
  • First Floor Bedroom
  • First Floor Full Bath
  • Pantry

Attention investors, developers, and end users !

View of front of property

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.