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23837686
23837687

123 S 1st Ave, Mount Vernon, NY 10550 For Sale

VN
NY 10491202180
Link NY Realty
Listed by Link NY Realty
$2,000,000
405 days on market
Updated 23 days ago

123 S 1st Ave, Mount Vernon, NY 10550-3587

Details
Property Type Multifamily
Sub Type Apartment Building
Units 7
Cap Rate 7.22%
NOI $144,400
Year Built 1965
Stories 3
Acreage 0.150
Zoning RMF-10

Multifamily | 7.22% CAP | 7 Units

Marketing description

Prime Investment Opportunity in a High-Demand Area!

This rare package includes three multi-family homes situated right next to each other, offering a total of 7 rental units. The breakdown includes one 3-family property, one 2-family, and another 2-family—making it an ideal setup for investors seeking strong, diversified income in a single location.

Each building offers spacious layouts with great rental potential. The properties can be managed collectively for efficiency or individually for flexibility. Whether you're looking to expand your real estate portfolio or begin investing in multi-family income properties, this is an opportunity you don’t want to miss.

Close to transportation, shopping, schools, and other amenities, these homes are perfectly positioned for long-term growth and stable cash flow.

*Information Believed to be True but Not Warranted

Listing Contacts

VN
NY 10491202180
Link NY Realty
Listed by Link NY Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$144,400.00
$12,033.33/mo

Valuation Metrics

0
DSCR
7.22%
Cap Rate
7.22%
ROI

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