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Listed price in listed location currency (USD).
$1,499,999

742

MLS® 987284

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes $21,000
Days Active 1
Lot Size 
Approx. Age 1960
MLS® Number 987284

Property Address: 314 S 5th Ave, Mount Vernon, NY, 10550-4112

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number987284
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1960
BasementFinished
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$1,499,999List Price
Nov 10, 2025End Date
$2,526Sold Price

Leased

Aug 29, 2025List Date
$2,700List Price
  • Commute

Commute

Starting Address
Destination Address
314 S 5Th Ave, Mount Vernon, NY

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