529 Locust St, Mount Vernon, NY

Name: 529 Locust St, For Sale in Mount Vernon - Zoocasa
Brand: eXp Realty
SKU: 1050524
Price: 799000 USD

House

For Sale

Listed price in listed location currency (USD).

$799,000

532

MLS® 1050524

Overview

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage Yes

Taxes $20,300

Days Active 8

Lot Size 0.1162 Acres

Approx. Age 1923

MLS® Number 1050524

Property Address: 529 Locust St, Mount Vernon, NY, 10552-2689

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

Description

Welcome to a beautifully renovated legal three-family in Fleetwood, one of Mount Vernon’s most in-demand neighborhoods and the area the New York Times once called Westchester’s “best-kept secret.” Set on a quiet residential block with a two-car garage, solid concrete garage ceiling, and all-stucco exterior, this property offers both strong current income and a rare owner-user opportunity. ? One unit is vacant and physically separate from the other two, giving a live-in owner real privacy while collecting rent from the remaining apartments. The vacant unit previously rented for $2, 100. The second-floor apartment is leased month-to-month at $2, 250; Apartment 1N is leased month-to-month at $2, 692. Combined in-place rent is $4, 942, with room to grow once the third unit is occupied. Apartment 1N was fully renovated in 2023 with spray-foam insulation, sound-proof ceilings, 100-amp electric service, and new plumbing, kitchen, and bath. A new architectural roof was installed last year and carries a transferable 30-year warranty. Utility setup is practical and already configured for tenant-paid service. The landlord currently pays hot water for all three apartments and heat for 1S and 1N through a hot-water oil boiler; the house is also set up so 1S and 1N can each pay their own hot water via separate 40-gallon electric tanks. The second-floor apartment has its own 40-gallon gas hot-water tank and pays its own gas stove and electric heat (heat-pump central air). Units 1S and 1N have split AC/heat systems, electric stoves, and pay their own electric. Location is the standout. A staircase from Locust Street leads to the Fleetwood Metro-North station on the Harlem Line — typically about 28 minutes to Grand Central. Bee-Line buses, the Cross County Parkway, Bronx River Parkway, Hutchinson River Parkway, and I-95 are all close by. Gramatan Avenue’s shops, cafés, markets, and restaurants are walkable; schools including Pennington and other Mount Vernon options serve the neighborhood. A grassy rear yard with gazebo and storage completes the package. ? Ideal for an investor seeking cash flow in a high-demand commuter pocket, or for an end user who wants to live in the separate vacant unit and let the other two apartments help carry the house.

MLS® Number1050524

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1923

Basement

DrivewayDriveway, Garage

Garage Spaces

HeatBaseboard, Electric, Natural Gas, Oil, Other

A/CCentral Air, Electric, Varies by Unit, Wall/Window Unit(s)

Extras

Map

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