$500,000
416 Highland Avenue
Mount Vernon, NY 10553
5
Beds
2
Baths
—
Square feet
1920
Built
Listing narrative
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.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$500,000
Beds
5 bd
Type
Multi-Family
Home Size
Sqft n/a
Baths
2
Lot Size
0.11 acres
Year
1920
Status
Pending
Days on Market
473
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.
Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
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Courtesy of Keller Williams Realty Group





