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145 S Fulton Avenue, Mount Vernon, NY 10550

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For Sale

$325,000

0.1 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

Investor/Developer Opportunity -- Position yourself for immediate value with this 4,356 sq ft lot in Mount Vernon, featuring fully approved architectural plans for a new construction 3,300 sq ft two-family detached home. Key Development Highlights: Shovel-ready with Mount Vernon City-approved plans Save time, start building immediately Two-family layout: ? Each unit features 3 bedrooms, 2 bathrooms, a modern kitchen, and dedicated dining/living areas ? Separate private entrances for each unit ideal for owner-occupancy or dual rental income Full basement and attic Expandable living or storage space Private driveway + 2 garages High rental appeal 1,125 sq ft backyard Outdoor space that adds market value Location advantages: Walking distance to Metro-North s Mount Vernon East Station Close proximity to Wakefield MTA (1 mile) and Mount Vernon West Station (1.5 miles) Easy access to shopping via the newly reopened Fulton Ave Bridge Financial Highlights: Projected resale value: $1.2M $1.4M Strong rental market in the area with high demand for multi-family units Ideal for long-term hold or resale flip Potential for high cap rate with dual-unit configuration Whether you're an experienced developer seeking your next quick-start project or an investor targeting long-term rental cash flow, this property checks all the boxes: location, approvals, and upside. ACT NOW ready-to-build properties with this level of potential are rare.
MLS# 883014

Courtesy Of Link NY Realty

(646) 827-2256

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.1 Acres

Map and Directions

Directions to 145 S Fulton Avenue, Mount Vernon, NY 10550

Home seller CENTURY 21 Galvez

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Galvez

(718) 409-6300
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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