406 & 408 S 3rd Avenue Mount Vernon, NY 10550

Multi-Family (2-4 Units) MLS #: H6297584 Courtesy Of Keller Williams Realty NYC Group

$888,000

11 beds | 3 baths | 3,920 sq ft
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Est. Property Tax: $23,275
Estimated monthly payments: $5,821/mo.* (recalculate)

Property InformationDescription

This versatile property offers the perfect blend of modern updates and exciting possibilities. Recently renovated with brand new floors, windows, outlets, and switches throughout, the home boasts a flexible layout ideal for multi-family living or a creative conversion. Previously utilized as a three-family dwelling due to zoning changes, the 3rd floor kitchen was removed, but plumbing remains in place for the addition of a wet bar in the unit. For optimal utility management, the property boasts three electrical panels and three gas meters Boasting exceptional space, this residence offers 11 bedrooms and 3 full bathrooms spread across three versatile levels. First Floor: This level features 4 bedrooms and 1 bathroom, perfect for accommodating guests or a large family. Second Floor: Awash in natural light, the second floor boasts a spacious living room, a full bathroom, and 4 additional bedrooms. Third Floor: Previously utilized as a mother-in-law apartment, this flexible space offers 3 bedrooms, 1 full bathroom, and a bonus room, ideal for extended family, guests, or even a home office. Along with the opportunity to incorporate a wet bar into the unit. Dual entrances provide convenient access to all units, with the main entrance at the front of the house and a secondary entrance on the side. Ample parking is available with a side driveway that can comfortably accommodate 4 cars. The true star of this property is the highly valuable adjacent buildable lot. This additional space opens a world of opportunity for expansion. Imagine creating additional living space, in-law apartments, or even rental units to maximize your investment. The vacant lot that is adjacent to the property has it's own property tax ID. The property is being sold as - is and will be delivered vacant.Don't miss this incredible chance to own a piece of prime real estate with endless potential! All offers are to be pre screened per seller request. Please note some photo are virtual staged.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Heating Fuel: Natural Gas
  • Heating System: Baseboard, Hot Water
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

MAP & DIRECTIONS

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406 & 408 S 3rd Avenue, Mount Vernon, NY 10550
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School Information

406 & 408 S 3rd Avenue, Mount Vernon, NY 10550

Elementary School
Grades 5-8 | Public School
BENJAMIN TURNER MIDDLE SCHOOL
Mount Vernon, NY 10550
624 S 3rd Ave
914.­665.5150
Distance: 0.4 mi
School Rating
D+
Student:Teacher Ratio
10:1
Total Students
252
Elementary School
Grades PK-4 | Public School
REBECCA TURNER ELEMTNARY SCHOOL
Mount Vernon, NY 10550
625 S 4th Ave
914.­665.5100
Distance: 0.4 mi
School Rating
A
Student:Teacher Ratio
11:1
Total Students
226
Middle School
Grades 6-12 | Public School
DENZEL WASHINGTON SCHOOL-ARTS
Mount Vernon, NY 10550
121 S 6th Ave
914.­358.2740
Distance: 0.5 mi
School Rating
B-
Student:Teacher Ratio
12:1
Total Students
417
High School
Grades 9-12 | Public School
MOUNT VERNON HIGH SCHOOL
Mount Vernon, NY 10552
100 California Rd
914.­665.5300
Distance: 1.9 mi
School Rating
D
Student:Teacher Ratio
16:1
Total Students
1302
Other Nearby Schools Distance Type Grades School Rating
Cecil H Parker School 0.2 mi Public PK-8 C+
Edward Williams School 0.2 mi Public PK-7 C-
Mount St Michael Academy 0.5 mi Private 6-12
Amani Public Charter School 0.6 mi Public 5-8 C-
Grimes School 0.7 mi Public KG-8 D+
Graham School 0.7 mi Public PK-8 C+
P.s. 68 Bronx 0.8 mi Public PK-5 A-
P.s. 87 Bronx 0.8 mi Public KG-5 C
Wake-eden Christian Academy 0.9 mi Private PK-5
Our Lady Of Victory School 0.9 mi Private PK-8
Nativity Of Our Blessed Lady 0.9 mi Private PK-8
Hamilton School 1.0 mi Public KG-8 B+
Nelson Mandela/dr Hosa Zollicoffer School 1.1 mi Public PK-8
Pelham Middle School 1.1 mi Public 6-8 B
Pelham Memorial High School 1.1 mi Public 9-12 A
Lincoln School 1.1 mi Public KG-8 B
The Matilda Avenue School 1.1 mi Public KG-2 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Mount Vernon, NY 10550

Median Age: 39.2
Married: 25%
Number of Households: 15,107
Households with Children: 30.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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