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450 FranklinMount Vernon, NY 10553

For Sale

$500,000

Smart Buyer Rebate - Ask

*PROPERTY SOLD WITH 452 FRANKLIN AVE AS A PACKAGE FOR $800K**SELLER IS OPEN TO CREATIVE FINANCING AS LONG AS D/P AMOUNT IS SUFFICIENT*
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 October 22, 2025

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Source: OneKey #911585

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Side
  • Bedrooms7
  • Bathrooms3
  • Days on Prevu42
  • Taxes$19,400/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/22/2025
Status changed to Active
$500,000
10/22/2025
Price Decreased
$500,000
09/22/2025
Status changed to Temporarily Off Market
$550,000
09/10/2025
Listed by Keller Williams Realty Group
$550,000

Property Details for 450 Franklin

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 1955
  • Architectural Style: Colonial
  • Construction Materials: Frame

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $19,400.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Combination, Hardwood, Other
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Storage

Rooms

  • Basement: Crawl Space, Storage Space, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7

Parking

Parking

  • Parking Features: Driveway

Utilities

Equipment

  • Cooling: Multi Units, Wall/Window Unit(s)
  • Heating: Natural Gas, Oil
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

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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.