Unique Multi-Home Investment Opportunity in Mount Vernon! 450–452 Franklin Ave, Mount Vernon, NY 10553
Discover an incredible opportunity to own a rare dual-home property on one tax lot in the heart of Mount Vernon. With a total of 4 income-producing units plus a single-family home, this property is perfect for both investors and end-users seeking strong rental income and long-term upside.
Property Breakdown
450 Franklin Ave (Front House – Legal 2 Family with 3 Units + Finished Basement):
First Floor: Spacious 4-bedroom, 1-bathroom apartment
Second Floor: Two units – one 2-bedroom, 1-bathroom apartment and one 1-bedroom, 1-bathroom apartment
Basement: Fully finished studio apartment with separate entrance
452 Franklin Ave (Rear House – Single Family):
Private 2-bedroom, 1-bathroom home with comfortable layout
Additional Features
1 tax lot, 2 houses – a truly unique setup
Long private driveway with ample parking
Property is zoned for 2–3 families, offering potential to convert to a legal 3-family (buyer to verify with city)
Great for multi-generational living or as a high-yield investment property
Located close to schools, shopping, public transportation, and major highways, this property combines versatility, income potential, and convenience.
Endless possibilities – live in one home while generating rental income from the others, or maximize cash flow as a full investment property.
Schedule your private showing today and explore this one-of-a-kind opportunity!
Listed by Jampa Nyandak
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Keller Williams Realty Group
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914-713-3270
Last updated September 08, 2025
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Source: OneKey #907007
Listing Facts
TypeMulti-family
NeighborhoodSouth Side
Bedrooms7
Bathrooms3
Days on Prevu4
Taxes$19,583/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/07/2025
Listed by Keller Williams Realty Group
$900,000
Property Details for 450-452 Franklin Avenue
Exterior
Construction
Number Of Units Total: 4
Year Built: 1955
Architectural Style: Colonial
Construction Materials: Frame
Features
Fencing: Back Yard
Measurements
Building Area Units: Square Feet
Lot Features: Front Yard, Near Public Transit, Near School, Near Shops
Lot Size Acres: 0.16
Lot Size Square Feet: 6,970
Financial
Taxes
Parcel Number: 0800-169-032-03144-000-0012
Tax Annual Amount: $19,583.00
Tax Year: 2024
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Natural Woodwork, Other
Rooms
Basement: Finished, Full, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 7
Parking
Parking
Parking Features: Driveway
Schools
Elementary School
Elementary School District: Mount Vernon
High School
High School District: Mount Vernon
Middle or Junior School
Middle Or Junior School District: Mount Vernon
Utilities
Equipment
Cooling: Multi Units, Wall/Window Unit(s)
Heating: Natural Gas, Oil, Other
Sewer: Public Sewer
Utilities: See Remarks
Water Source: Public
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