241 S 5th Avenue, Mount Vernon, NY 10550

$950,000
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  • 241 S 5th Avenue, Mount Vernon, NY 10550 Main Photo

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MLS#1057584
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMount Vernon
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Property Description

Built in 2016, this legal two-family offers something rare in Mount Vernon - modern construction with turnkey rental income. Two mirror-image units, each with three bedrooms, two full baths and 1,440 square feet, 2,880 total. Brick and stone exterior, covered front porch, fenced yard, level lot.Both units are separately metered, two electric and two gas, with tenants responsible for their own gas and heat. Eat-in kitchens in both units. Two-car attached garage plus private driveway provides parking for four, a real advantage in this market. Minutes to Mount Vernon East Metro-North for a direct ride to Grand Central, with Montefiore Mount Vernon Hospital, shopping, dining and parks close by. Quick access to the Cross County and Hutchinson River Parkways and I-95.Occupy one unit and let the other carry the mortgage, or add a fully tenanted asset to your portfolio.

241 S 5th Avenue | MLS# 1057584

This multi-family property located at 241 S 5th Avenue, Mount Vernon, NY 10550 is currently listed for sale with an asking price of $950,000. S 5th Avenue is located within the Mount Vernon school district. Search Mount Vernon real estate on www.laffey.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Taxes: $14,093
Year Built: 2016

Amenities

First Floor Bedroom

Feature Descriptions

Cap Rate: 10705
Days on Site: 13
Exterior: Brick, Stone
GarageY/N: Yes
On Market Date: 2026-10-15
Parcel Number: 0800-169-022-03089-000-0032
Parking Features: Driveway, Garage
Rental Term: Monthly
Sewer: Other
Units: 2
Utilities: Trash Collection Public, Water Available
Water: Public

Local Schools

High School: Mt Vernon High School
Middle School: Benjamin Turner Middle School
Elementary School: Cecil H Parker School
School District: Mount Vernon

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Estimated Payment

$ 3,565.79 per month $2,114.29 Principal & Interest $1,174.42 Property Tax $277.08 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Real Broker NY LLC
Agency Contact: 855-450-0442

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

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1-888-289-6902 Corporate Office 55 Northern Boulevard, Suite 201 Greenvale, NY 11548
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/15/2026. The listing information on this page last changed on 10/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/15/2026 12:01:36 AM EST) or OneKey MLS (last updated Wed 10/14/2026 11:53:25 PM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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