314 S 5th Ave, Mount Vernon, NY 10550

• 7 beds |
• 4 baths

Property 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.

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 10:19PM

Listing Office:

eXp Realty : 888-276-0630

MLS ID:

987284

Interior

• General: First Floor BedroomFirst Floor Full Bath
• Basement: Finished
• A/C: Wall/Window Unit(s)
• Heating: Baseboard

Exterior

• Parking: Parking Lot

Location

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

Utilities

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

Financial

• Source: onekey2