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142 N Terrace Avenue, Mount Vernon, NY 10550

Local realty services provided by:CENTURY 21 ICON
142 N Terrace Avenue,Mount Vernon, NY 10550
$995,000
  • 10 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel feder
Office: bayview realty
MLS#:952048
Source:OneKey MLS

Price summary

  • Price:$995,000

About this home

This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition. The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Property is a 4 bedroom 2 bath, 3 bedroom 1 bath, 2 bedroom 1 bath, 1 bedroom 1 bath. Currently the 1st floor 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building Gross Rental Revenue is a WHOPPING $121, 752. Yes you read correctly- $121, 752!!!! As a bonus Tenants pay for their own cooking gas, electric and hot water. This is a rarity amongst Multi Families and makes this your perfect home or investment cash cow!!

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Home facts

  • Year built:1940
  • Listing ID #:952048
  • Added:1 day(s) ago
  • Updated:January 15, 2026 at 12:40 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Full bathrooms:5

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Year built:1940
  • Lot area:0.08 Acres

Schools

  • Elementary school:Hamilton

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$995,000
  • Tax amount:$16,500 (2025)
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