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143-147 E Prospect Ave

5 Unit Apartment Building $1,450,000 ($290,000/Unit) Mount Vernon, NY 10550

Investment Highlights

  • Call or Text Georgina at (914) 319-3634 for more information today!

Executive Summary

Located in the heart of Mount Vernon, this Legal 5 family property presents a compelling investment opportunity. Comprising five fully occupied units, it offers immediate income generation in a highly desirable neighborhood. Tenants benefit from easy access to local amenities, schools, parks, shopping centers, and are within walking distance to the Metro North Train and buses, enhancing tenant retention and property value appreciation. The property includes a 14-space private parking lot, offering the convenience of off-street parking for tenants at $125 per space per month. This amenity not only adds value to the property but also attracts quality tenants, further solidifying its investment potential. With RMF15 zoning, there's significant potential for expansion or redevelopment, providing investors with flexibility and future value appreciation opportunities. Whether seeking immediate cash flow or long-term value, this property is a must-see for savvy investors. Contact us today to schedule a private viewing and explore the lucrative possibilities this investment holds.
Interior Details:
This 5,000 Sf Multifamily property comes with 11 Beds with 5 Full Bathrooms and 14 Parking Spaces. The Property includes a fireplace, a basement, finished Walk-Out Access, Appliances, Gas Water Heater, and is on a Corner Lot.
Lot Size Area: 0.28 acres
Commercial Building Utilities Details:
Heating: Oil, Steam
Cooling: Window Unit(s)
Sewer: Public Sewer
Water Source: Public

Property Facts

Price $1,450,000
Price Per Unit $290,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.29 AC
Building Size 7,014 SF
No. Stories 3
Year Built 1920
Parking Ratio 2/1,000 SF

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,640 -
2+1 2 $1,620 -
3+1 2 $2,348 -
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0800-165-063-01147-000-0010
Land Assessment
$6,000
Improvements Assessment
$12,200
Total Assessment
$18,200
  • Listing ID: 32045500

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 143-147 E Prospect Ave, Mount Vernon, NY 10550

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