416 Highland Avenue Mount Vernon, NY $ 525,000
416 Highland Avenue
$ 525,000
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416 Highland Avenue

Mount Vernon, NY, 10553
$ 525,000
Bedrooms5 Baths2.0 Sq 3,000

Monthly Estimate*

$ 3,275

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416 Highland Avenue, Mount Vernon, NY 10553 - Image 13

Multi-Family Home for sale in Mount Vernon, NY

for $525,000 with 5 bedrooms and 2 full baths. This 3,000 square foot home was built in 1920 on a lot size of 0.11.

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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Multi-Family Pending

Price

$ 525,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,497

Style

Colonial

Lot Size

0.11

Year Built

1920

Town/City

Mount Vernon

County/Region

Westchester

MLS | Web ID

884292

Features
Interior
Interior Amenities Other
Basement Walk-Out Access
Basement Features Walk-Out Access
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 5
Total Baths 2
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General
Sewer Public Sewer
Heating Oil Other
Cooling None
Utilities Electricity Connected Sewer Connected Trash Collection Public Water Connected
Garage Spaces 2
Architectural Style Colonial
Construction Materials Frame
Year Built 1920
Property Subtype Duplex
Tax Year 2025
Parcel Number 0800-169-026-04074-000-0007
County Westchester County
Property Type Residential Income
Garage Y/N Y
Full Baths 2
High School Mt Vernon High School
City Mount Vernon
Senior Community Y/N N
High School District Mount Vernon
Number Of Units Total 2
Carport Y/N N
Elementary School Graham
Property Attached Y/N N
Tax Annual Amount 8497.4
Showing Instructions Do not access the property without a confirmed appointment through the listing agent and a signed Hold Harmless Agreement signed by both the buyer and the buyer’s agent prior to appointment setup or
Middle/Junior High School Benjamin Turner Middle School
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Pending
Middle/Junior School District Mount Vernon
Elementary School District Mount Vernon
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Exterior
Water Source Public
Spa N
Building Area Total 3000
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 416
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* Excluded Features
List By
Janet Bingham

Listing Agent

Keller Williams Realty Group

Broker

914-713-3270

Contact

Affordability Calculator

$3,983
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$708
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892500 Elementary School
4101064 Middle School
Mt Vernon High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2025$500,000 Listed Price

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416 Highland Avenue, Mount Vernon, NY, 10553 is a Multi-Family Home for sale at $525,000 with 3,000 sqft and a lot size of 0.11. 416 Highland Avenue has 5 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 10553 which is in Mount Vernon, NY