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314 S 5th Street, Mount Vernon NY 10550
New York>Mount Vernon>South Side

314 S 5th StreetMount Vernon, NY 10550

For Sale

$1,499,999

Smart Buyer Rebate $15,000

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.

Listed by Jaswinder Rehal

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eXp Realty

·

888-276-0630

Last updated April 22, 2026

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Source: OneKey #987284

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Side
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu11
  • Taxes$21,000/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/21/2026
Listed by eXp Realty
$1,499,999

Property Details for 314 S 5th Street

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1960
  • Construction Materials: Foam Insulation, Stucco

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $21,000.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Parking Lot

Schools

Elementary School

  • Elementary School: Cecil H Parker School
  • Elementary School District: Mount Vernon

High School

  • High School: Mt Vernon High School
  • High School District: Mount Vernon

Middle or Junior School

  • Middle Or Junior School: Benjamin Turner Middle School
  • Middle Or Junior School District: Mount Vernon

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 4 bathrooms in this multi-family home at 314 S 5th Street.

What schools are nearby to 314 S 5th Street?

Nearby schools include the Cecil H Parker School Elementary School, Benjamin Turner Middle School, and Mt Vernon High School.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 314 S 5th Street.

What are the annual taxes for 314 S 5th Street?

Annual taxes for this multi-family home are estimated at $21,000.

How does 314 S 5th Street compare to other multi-family homes in South Side?

This multi-family home is listed 83% above the average price for multi-family homes in South Side and has been on the market for 65 less days than the typical home in this area.

314 S 5th Street is a 7-bedroom, 4-bath multi-family home for sale in Mount Vernon NY 10550. Listed on Prevu for 11 days at $1,499,999. This property is located in South Side. The median listing price for multi-family homes in this area is $749,900. Nearby schools include Cecil H Parker School Elementary School, Benjamin Turner Middle School, and Mt Vernon High School. Property amenities include parking. Browse more multi-family home listings in Mount Vernon.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.