123 S 1st Ave - Apartments FOR SALE


Mount Vernon, NY 10550- South Side
$2,000,000 USD
646-321-9428
123 S 1st Ave, Mount Vernon, NY for Sale
$2,000,000 USD
Apartments - FOR SALE
1/3
null | 7.22% Cap Rate

123 S 1st Ave
Mount Vernon, NY 10550
South Side


HIGHLIGHTS

  • 3 Multi-Famillies total of 7 Units
  • Great Investment Opportunity in Mount Vernon
  • Multi-Family located in Mount Vernon

OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

7

PRICE/UNIT

$285,714

CAP RATE

7.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RMF-10

APN/PARCEL ID

0800-165-079-03125-000-0025

ASK ABOUT THIS PROPERTY

Valon NikciLink NY RealtyMore Info
646-321-9428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Valon NikciLink NY RealtyMore Info
646-321-9428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.