529 Locust Street, Fleetwood, NY 10552

• 5 beds |
• 3 baths |
• 2,950 sqft

Property 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.

Listing Status:

Active

Data Last Updated:

October 6, 2026 at 8:20PM

Listing Office:

eXp Realty : 888-276-0630

MLS ID:

1050524

Interior

• General: First Floor BedroomFirst Floor Full BathEat-in KitchenHigh CeilingsNatural WoodworkOtherStorageWalk Through KitchenWasher/Dryer Hookup
• Laundry: In UnitMultiple LocationsWasher Hookup
• A/C: Central AirElectricVaries by UnitWall/Window Unit(s)
• Heating: BaseboardElectricNatural GasOilOther

Exterior

• Style: Colonial
• Parking: DrivewayGarage

Location

• Originating MLS: onekey2
• School District: Mount Vernon
• County: Westchester County

Lot

• Zoning: 0800-165-037-01050-000-0028
• Fencing: Back Yard

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2