Calling all investors, builders, and visionaries, this fire-damaged legal 2-family offers endless upside just minutes from NYC!Located on a tree-lined street in the heart of Mount Vernon, this spacious 3,000 sq ft two-family home features a 1-bedroom unit over a 4-bedroom unit, the perfect setup for extended family, rental income, or dual investment. A large front sitting porch, mature landscaping, private driveway, and backyard complete the picture, all waiting to be brought back to life with your vision and skill.The home sustained fire damage and is not currently habitable. It is being sold strictly as-is, with no repairs or clean-out by the seller. Buyer is responsible for all due diligence, including permits and obtaining a new certificate of occupancy after closing.Cash buyers or rehab financing only. Property will not qualify for traditional mortgage financing in current condition.This is a rare opportunity to create your dream home while generating rental income, or to fully renovate and rent both units in a high-demand area. With imagination and investment, this property can be transformed into a beautiful multi-family residence that pays for itself over time.Transit & Access Highlights: 6-minute walk to Metro-North Mount Vernon East Station, ideal for NYC commuters 4-6 minute drive to I-95 via Hutchinson River Parkway Local bus service (routes 42/53/55) just 3 minutes awayDon't miss your chance to restore and reimagine this diamond in the rough, a rare investor opportunity in this price range, especially in a market where inventory is extremely limited.
Listing By
Agency Name: Keller Williams Realty Group
Agency Contact: 914-713-3270
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 1,966.70 per month $1,112.78 Principal & Interest $708.08 Property Tax $145.83 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
416 Highland Avenue | MLS# 884292
This multi-family property located at 416 Highland Avenue, Mount Vernon, NY 10553 is currently listed for sale with an asking price of $500,000. Highland Avenue is located within the Mount Vernon school district. Search Mount Vernon real estate on www.coldwellbankerchoice.com today.