23 Cottage Ave Mount Vernon, NY 10550

Building Details

Year Built

1920

Listing agency RELIANCE AMERICA INT. REALTY m***@aol.com Show Phone

Listed by Claudette Mair

Source Elliman

Added: May 15 Updated: Jul 20 at 7:50PM Checked: Jul 22 at 10:45AM

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Investment Insights

Based on property information with market context.

Turnkey three-family investment property with an additional studio apartment housed in a well-maintained 1920 home on Mt. Vernon’s north side. The unit mix includes 2-bedroom over 3-bedroom over 1-bedroom plus a separate studio. The property is described as showcasing classic architectural features such as original molding and high ceilings.

The home is positioned within walking distance to the Metro-North train station, bus lines, and a shopping district. Additional features include a detached two-car garage.

At closing, the first-floor unit and basement will be delivered vacant. The seller reports current gross monthly rental income of $7,000 and annual property taxes of $20,000.

Key Highlights

• 1920‑built, well‑maintained 4‑unit property with classic features including original molding and high ceilings
• Unit mix: 2‑bedroom over 3‑bedroom over 1‑bedroom plus a separate studio apartment
• Current gross monthly rental income of $7,000 and annual property taxes of $20,000

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FAQs

What type of property is this?

Quadplex - Well-maintained 1920 home with four units, including two-, three-, and one-bedroom apartments plus a studio.

Where is this quadplex located?

The property is located at 23 Cottage Ave Mount Vernon, NY.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 1920‑built, well‑maintained 4‑unit property with classic features including original molding and high ceilings; Unit mix: 2‑bedroom over 3‑bedroom over 1‑bedroom plus a separate studio apartment; Current gross monthly rental income of $7,000 and annual property taxes of $20,000