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416 Highland Ave

Mount Vernon NY 10553

5
2
2
3000 sq. ft.
4792 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
3000 sq. ft. floor area
4792 sq. ft. lot size
Duplex

Property history for 416 Highland Ave

2019
Sold
$646,500
12 Dec 2019 by Daniel Demers, of Sell Your Home Services, LLC
2019
Sold
$300,000
08 Mar 2019
2019
Sold
$300,000
08 Mar 2019

Happy sellers in Mount Vernon

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We have insufficient information to provide an overview of customer satisfaction for Mount Vernon. Viewing the agent profiles, reviews and sales for Mount Vernon can provide insights for this location.

Local market activity for 5 bedroom duplexes in Mount Vernon

In the last 12 months, 8 five-bedroom duplexes similar to 416 Highland Ave, have been sold.

This represents a 600% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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