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Listed price in listed location currency (USD).
$500,000

520

MLS® 884292

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $8,497
Lot Size 0.11 acres
Approx. Age 1920
MLS® Number 884292

Property Address: 416 Highland Ave, Mount Vernon, NY, 10553-2109

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number884292
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageYes
Approx. Age1920
BasementWalk-Out Access
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
-Sold Price

Pending

Jul 1, 2025List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
416 Highland Ave, Mount Vernon, NY

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