*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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