Gavin Pike
Gavin Pike
Call: (516) 883-7780
MLS#1016683
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMount Vernon
Property Description
Welcome to 314 S 5th Avenue, a well-maintained legal 3-family property offering strong and stable rental income. All three apartments have been tastefully renovated within the last two years, providing modern finishes and turnkey ownership for the next investor.This super clean property features excellent long-term tenants with rents conveniently deposited directly into the owner's account, making management seamless and hassle-free. Additional highlights include a private driveway, detached garage, and a finished basement that is currently vacant, offering potential for storage, recreation, or additional income opportunities .Whether you're an experienced investor or looking to expand your portfolio, this property delivers consistent cash flow, low maintenance, and pride of ownership throughout. Conveniently located near transportation, shopping, schools, and major highways.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Cooling: Electric, Wall/Window Unit(s)
Garage: 2
Heating: Baseboard, Natural Gas
Lot Size: 0.16 Acres
Taxes: $21,032
Year Built: 1960
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Feature Descriptions
Exterior: Stucco
GarageY/N: Yes
Heating Units: 3
Heating Zones: 3
Maintenance Expense: 2400
Maintenance Expense: 2400
On Market Date: 2026-06-22
Parking Features: Driveway
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Tenant Pays: All Utilities, Electricity, Gas, Heat
Units: 3
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Mt Vernon High School
Middle School: Benjamin Turner Middle School
Elementary School: Cecil H Parker School
School District: Mount Vernon
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Estimated Payment
$ 5,274.28 per month $3,113.57 Principal & Interest $1,752.67 Property Tax $408.04 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Vision Homes Real Estate LLC
Agency Contact: 718-480-1231
Shown By
Agent Name: Gavin Pike
Agent Phone: (516) 883-7780
Agency Title: Laffey Real Estate
314 S 5th Ave | MLS# 1016683
This multi-family property located at 314 S 5th Ave , Mount Vernon, NY 10550 is currently listed for sale with an asking price of $1,399,000. S 5th Ave is located within the Mount Vernon school district. Search Mount Vernon real estate on gavinpike.laffey.com today.