Mount Vernon, NY Real Estate Search

Mount Vernon, NY Multi-Family Homes for Sale

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Newest Mount Vernon, NY Multi-Family Homes for Sale

$677,000
5 Beds 4 Baths 949448 MLS
Set on one of the larger residential lots in Mount Vernon with the potential to subdivide, this expansive 5-bedroom, 4 full bathroom two-family property offers scale, flexibility and strong income potential on a 9,148 sq. ft. (0.21-acre) lot. With 2,257 sq. ft. of interior living space, this home presents a compelling opportunity for investors, owner-occupants or buyers seeking a versatile asset with long-term upside. The first-floor unit offers one bedroom and one full bathroom, while the two-level second-floor unit features four bedrooms and one full bathroom. Hardwood floors run throughout the home, enhancing durability and appeal. The basement level includes two full bathrooms, three bonus rooms, a kitchenette and benefits from two separate exterior entrances. Major mechanicals include a boiler approximately 10 years old and a hot water tank replaced within the last four years. The two-car driveway provides convenient off-street parking. Conveniently located near Metro-North (Mount Vernon East Station), local Bee-Line bus routes, major parkways, shopping, dining and everyday amenities, this property is well-positioned for commuters and long-term tenants alike. Whether you’re looking to maximize cash flow, house-hack or secure a solid two-family investment on a rare oversized lot, 133 Franklin Avenue offers space, flexibility, and opportunity. This is a well-positioned asset that delivers value today and appreciates into the future. The property can be delivered vacant.

133 Franklin Avenue, Mount Vernon

$500,000
5 Beds 2 Baths 884292 MLS
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 away Don’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.

416 Highland Avenue, Mount Vernon

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.