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314 S 5th Street
Mount Vernon NY 10550 US

$1,499,999

Active Listing ID 987284
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7 bed
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4.00 Bath (4 Full)
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Other

$1,499,999

Active Listing ID 987284
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314 S 5th Street Great Opportunity to Own a Fully Rented Mixed-Use Property! This income-producing property generates approximately $8, 800/month, offering a strong and consistent return. The property features residential apartment(s), along with separately rented parking spaces and a garage generating an additional $950/month. Three recently vacated parking spaces offer further upside at $125/month each, creating multiple streams of income and immediate value-add potential. Situated on two lots, this property presents a rare opportunity for future development, expansion, or added value (buyer to verify with township). The building has been well maintained with numerous updates, including an updated basement and exterior, a new tankless water heater, and renovated apartment interiors featuring modern kitchens and updated flooring throughout. Ideal for investors seeking a turnkey property with reliable cash flow and long term upside.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Heating Fuels: Baseboard
  • Additional Features
  • Basement

School Information

  • School
  • Cecil H Parker School(Elementary)
  • Benjamin Turner Middle School(MiddleSchool)
  • Mt Vernon High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1499999
  • unparsedaddress: 314 S 5th Street
  • postalcity: Mount Vernon
  • stateorprovince: NY
  • country: US
  • postalcode: 10550
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.903453
  • longitude: -73.835292
  • listagentfullname: Jaswinder Rehal
  • listagentemail: jrehal06@yahoo.com
  • listagentkey: 3yd-MLSLINY-346095
  • listagentmlsid: 346095
  • listagentpreferredphone: 3475523423
  • listagentofficephone: 3475523423
  • listofficekey: 3yd-MLSLINY-EXPRLT01
  • listofficemlsid: EXPRLT01
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1960
  • listingcontractdate: 2026-04-18
  • countyorparish: Westchester County
  • elementaryschool: Cecil H Parker School
  • highschool: Mt Vernon High School
  • elementaryschooldistrict: Mount Vernon
  • middleorjuniorschooldistrict: Mount Vernon
  • highschooldistrict: Mount Vernon
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Foam Insulation, Stucco
  • heating: Baseboard
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: First Floor Bedroom, First Floor Full Bath
  • rooms: Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Basement
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.83529, 40.903454
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jrehal06@yahoo.com", "ListBrokerageCity":"Hauppauge", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com, ny.broker@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/104/410332/20200402161001012.png", "ListBrokerageName":"eXp Realty LLC", "ListBrokeragePhone":"(888) 276-0630", "ListBrokeragePostalCode":"11788", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 145", "ListBrokerageUnparsedAddress":"400 Townline Rd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"104 West 40th Street, 4th Fl ", "ListOfficeAddress2":"Suite 145", "ListOfficeBrokerMlsId":"EXPRLT01", "ListOfficeCity":"New York", "ListOfficeCountry":"US", "ListOfficeEmail":"ny.broker@exprealty.net", "ListOfficePostalCode":"10018", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Mount Vernon, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/314-S-5th-Ave_Mount-Vernon_NY_10550_M47922-69864?f=listhub&s=MLSLINY&m=987284&c=rexren", "MLSModificationTimestamp":"2026-04-22 19:20:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21000, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/22/2026 7:46:43 PM GMT
Source Updated Date: 4/27/2026 12:41:47 PM GMT

Courtesy of: Jaswinder Rehal, eXp Realty, jrehal06@yahoo.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.