$950,000
6 Bed • 4 Bath6 bd · 4 ba
241 S 5th Avenue
Mount Vernon, NY 10550
Listed with Real Broker NY LLC
$1,099,000
Est. $7,506/moOssining, NY 10562 · Westchester County
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Exceptional Investment Opportunity – Legal 4-Family Property with Two Separate Buildings Rare opportunity to own a legal 4-family property consisting of two separate buildings, offering flexible use, strong rental income, and significant owner-occupant potential. Property Configuration Left Building 2-bedroom residence, currently rented for $2,600/month Can be used as a 3-bedroom Separate building provides the flexibility to use as a single-family residence (SFH) Right Building Studio: $2,000/month 2-bedroom apartment – 2nd Floor: $2,050/month 2-bedroom apartment – Rear: $2,050/month Financial Highlights Current Gross Rental Income: $8,700/month Current Gross Annual Income: $104,400 Property Taxes: $22,714/year Current rents are below market, providing potential for future rental growth Two-building configuration provides exceptional flexibility for investors and owner-occupants Property Highlights Legal 4-family property Two separate buildings One building can function as a standalone single-family residence Flexible layouts with rental upside Strong current rental income, and tenants pay all their own utilities. Attractive owner-occupant opportunity: live in one building while generating rental income from the other Excellent opportunity for investors seeking both current cash flow and future rent growth
As reported by the listing office; verify enrollment with the district.
Listed with Realmart Realty LLC · Shuai Zheng · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Oct 5, 2026, 2:07 AM ET. ©2026 One Key MLS.
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Market Insights
Current Listings
New in the last 30 days
31
Oct 2026
Average Price
Active listings
$894,457
Oct 2026
Average days on market
Active listings
104 days
Oct 2026
Computed from 104 active OneKey MLS listings in Ossining, NY.
$950,000
6 Bed • 4 Bath6 bd · 4 ba
241 S 5th Avenue
Mount Vernon, NY 10550
Listed with Real Broker NY LLC
$865,000
3 Bed • 1 Bath • 2,200 Sq. Ft.3 bd · 1 ba · 2,200 sqft
72 Mohawk Road
Yonkers, NY 10710
Listed with eXp Realty
$839,000
3 Bed • 2.5 Bath • 1,931 Sq. Ft.3 bd · 2.5 ba · 1,931 sqft
20 Archer Avenue
White Plains, NY 10603
Listed with Berkshire Hathaway HS NY Prop