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416 Highland Avenue, Mount Vernon, NY 10553
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$500,000
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Home Details for 416 Highland Avenue
Price
$500,000
Type
Multi Family
Bedrooms
5
Total Bathrooms
2
Full Bathrooms
2
Year Build
1920
Lot Size
0.11
County
Westchester
Garage
2
Basement
Walk-Out Access
Tax
$8,497.4
MLS®️ Listing#
884292
On exitrealty.com
140 days
Property Description
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.
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- Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Heating Information
- Oil
- Other
- Cooling Information
- None
- Water Features
- Public
- House Interior
- Other
- Basement
- Walk-Out Access
School Information
School Information for 416 Highland Avenue
Elementary School
Graham
Middle School
Benjamin Turner Middle School
High School
Mt Vernon High School
Listing Courtesy: Keller Williams Realty Group - 914-713-3270. Presented by: Janet Bingham
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
Fair Housing Notice
Fair Housing NoticeSee average values in the proximity of this property
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Median Days on EXIT Realty®
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Market statistics compiled from data from OneKey MLS.
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