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Multi Family 2-4 in Westchester County
MLS Number893292
Address227 S 1st Avenue, Mount Vernon, NY 10550 show map
Price$700,000 show mortgage calculator
Acres0.064279155188246
Year Built1896
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$10,585
Total Apt Units2
Total Bedrooms4
# 1 Brs1
# 3 Brs1

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Remarks

Welcome to your next home or income-generating property — a beautifully updated and well-maintained 2-family residence tucked into a peaceful residential pocket of Mount Vernon. Whether you're looking for a move-in-ready owner's unit, passive rental income, or a multigenerational setup, this home delivers flexibility, comfort, and long-term value. As you enter the property, you're greeted by a large, sunlit foyer that serves as a central hub for the home. The foyer provides: • Multiple access to the first-floor unit • A beautifully maintained staircase leading to the upstairs duplex • Direct access to the spacious, unfinished basement — perfect for storage or future customization Unit 1: 1 Bed / 1 Bath – 870 Sq Ft This bright and cozy ground-floor unit features plush carpeting, a private entrance, and direct access to the backyard — perfect for relaxing or entertaining. • Newly remodeled bathroom with granite tile and modern finishes • Plenty of natural light and two forms of egress • Full access to the unfinished basement with updated LG washer/dryer included • Rental Potential: Approximately $2,100/month Unit 2: 3 Bed / 2 Full Bath Duplex – 1,288 Sq Ft Accessed through the grand foyer staircase, this spacious duplex is filled with natural light and thoughtful design. The first level offers: • A remodeled kitchen with granite countertops, white appliances, decorative backsplash, and ample cabinetry • Dark well maintained plywood flooring • A generous living room and formal dining area • A spacious bedroom with a massive walk-in closet • A newly renovated, spa-like full bathroom Upstairs, you'll find: • Two large bedrooms, each with walk-in closets • An additional full bathroom with modern finishes • One of the bedrooms is currently being used as a walk-in closet and includes its own closet (California Closet system to be removed before closing) Rental Potential: Approximately $3,800/month Additional Features: • Private Driveway – Fits 2 vehicles • Inviting Front Porch – Ideal for quiet mornings or relaxing evenings • Ample Storage – Multiple walk-in and hallway closets throughout • Well-Maintained Systems – Serviced boiler, hot water heater & roof • Unfinished Basement – spacious, ready for your vision an additional 858 sqft • Prime Location – Close to schools, shopping, public transit & major highways. • Recent Tax Reassessment – Enjoy significantly reduced property taxes compared to similar homes in the neighborhood, adding long-term value and savings With zoning for 3-family use, this property offers immediate income potential and room for expansion. Whether you're an investor looking for high returns or a homeowner seeking space, comfort, and opportunity, 227 1st Avenue is a must-see in the heart of Mount Vernon. Schedule your private tour today!

Amenities

Porch, Walk-In Closet(s)

This listing is Courtesy of Century 21 Dawns Gold Realty (914-793-8800).

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