142 N Terrace Avenue

Mount Vernon, NY 10550 Directions
$995,000
  • 10Bed
  • 5Baths
  • 0.08Acres
  • 1940Built
  • HamiltonElementary
  • $16,500Taxes

Property Highlights

  • School District: Mount Vernon
  • Municipality: Mount Vernon
  • Days on Market: 21
  • MLS: 952048

Property Highlights

  • School District: Mount Vernon
  • Municipality: Mount Vernon
  • Days on Market: 21
  • MLS: 952048

This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition. The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Units consist of the following: 4 bedroom 2 bath ( $2929 Monthly Rent) 3 bedroom 1 bath ( Currently Vacant) , 2 bedroom 1 bath ($2537 Rent) , 1 bedroom 1 bath ( $1830 rent) . Currently the 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building...

Property Highlights

  • School District: Mount Vernon
  • Municipality: Mount Vernon
  • Days on Market: 21
  • MLS: 952048

This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition. The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Units consist of the following: 4 bedroom 2 bath ( $2929 Monthly Rent) 3 bedroom 1 bath ( Currently Vacant) , 2 bedroom 1 bath ($2537 Rent) , 1 bedroom 1 bath ( $1830 rent) . Currently the 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building Gross Rental Revenue is a WHOPPING $121, 752. Yes you read correctly- $121, 752!!!! As a bonus Tenants pay for their own cooking gas, electric and hot water. This is a rarity amongst Multi Families and makes this your perfect home or investment cash cow!!

This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition. The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Units consist of the following: 4 bedroom 2 bath ( $2929 Monthly Rent) 3 bedroom 1 bath ( Currently Vacant) , 2 bedroom 1 bath ($2537 Rent) , 1 bedroom 1 bath ( $1830 rent) . Currently the 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building Gross Rental Revenue is a WHOPPING $121, 752. Yes you read correctly- $121, 752!!!! As a bonus Tenants pay for their own cooking gas, electric and hot water. This is a rarity amongst Multi Families and makes this your perfect home or investment cash cow!!

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  • Additional Information
    • Days On Market: 21
    • Elementary School: Hamilton
    • Elementary School District: Mount Vernon
    • On Market Date: 2026-01-14
    • Sewer: Public Sewer
    • Type: Residential Income
    • Unit Count: 4
    • Utilities: Natural Gas Available, Natural Gas Connected
    • Year Built: 1940
  • Interior Features
    • Beds: 10
    • Full Baths: 5
    • Heat: Baseboard, Natural Gas, Other
    • Interior Features: Other
  • Exterior Features
    • Construction Materials: Brick
    • Parking: Off Street
  • Assessed Value and Taxes
    • Tax Amount: $16,500
Listing Courtesy of Daniel Feder of Bayview Realty.
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