227 S 1st Ave Mount Vernon, NY 10550
Estimated payment $4,864/month
Highlights
- Main Floor Bedroom
- 1 Fireplace
- Porch
- Victorian Architecture
- Formal Dining Room
- Walk-In Closet
About This Home
Accepted Offer 8/11/25
Welcome to your next home or income-generating property — a beautifully updated and well-maintained 2-family residence tucked into a peaceful residential pocket of Mount Vernon. Whether you're looking for a move-in-ready owner's unit, passive rental income, or a multigenerational setup, this home delivers flexibility, comfort, and long-term value.
As you enter the property, you're greeted by a large, sunlit foyer that serves as a central hub for the home. The foyer provides:
• Multiple access to the first-floor unit
• A beautifully maintained staircase leading to the upstairs duplex
• Direct access to the spacious, unfinished basement — perfect for storage or future customization
Unit 1: 1 Bed / 1 Bath – 870 Sq Ft
This bright and cozy ground-floor unit features plush carpeting, a private entrance, and direct access to the backyard — perfect for relaxing or entertaining.
• Newly remodeled bathroom with granite tile and modern finishes
• Plenty of natural light and two forms of egress
• Full access to the unfinished basement with updated LG washer/dryer included
• Rental Potential: Approximately $2,100/month
Unit 2: 3 Bed / 2 Full Bath Duplex – 1,288 Sq Ft
Accessed through the grand foyer staircase, this spacious duplex is filled with natural light and thoughtful design. The first level offers:
• A remodeled kitchen with granite countertops, white appliances, decorative backsplash, and ample cabinetry
• Dark well maintained plywood flooring
• A generous living room and formal dining area
• A spacious bedroom with a massive walk-in closet
• A newly renovated, spa-like full bathroom
Upstairs, you'll find:
• Two large bedrooms, each with walk-in closets
• An additional full bathroom with modern finishes
• One of the bedrooms is currently being used as a walk-in closet and includes its own closet (California Closet system to be removed before closing)
Rental Potential: Approximately $3,800/month
Additional Features:
• Private Driveway – Fits 2 vehicles
• Inviting Front Porch – Ideal for quiet mornings or relaxing evenings
• Ample Storage – Multiple walk-in and hallway closets throughout
• Well-Maintained Systems – Serviced boiler, hot water heater & roof
• Unfinished Basement – spacious, ready for your vision an additional 858 sqft
• Prime Location – Close to schools, shopping, public transit & major highways.
• Recent Tax Reassessment – Enjoy significantly reduced property taxes compared to similar homes in the neighborhood, adding long-term value and savings
With zoning for 3-family use, this property offers immediate income potential and room for expansion. Whether you're an investor looking for high returns or a homeowner seeking space, comfort, and opportunity, 227 1st Avenue is a must-see in the heart of Mount Vernon.
Schedule your private tour today!
Listing Agent
Century 21 Dawns Gold Realty Brokerage Phone: 914-793-8800 License #10401372472 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,377
Year Built
- Built in 1896
Lot Details
- 2,800 Sq Ft Lot
- Lot Dimensions are 35 x 80 x 35 x 80
- Fenced Front Yard
Home Design
- Duplex
- Victorian Architecture
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- Ceiling Fan
- 1 Fireplace
- Entrance Foyer
- Formal Dining Room
- Home Security System
- Washer and Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- 2 Parking Spaces
- Driveway
Outdoor Features
- Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 32.000 / 3126
- Assessor Parcel Number 0800-169-023-03126-000-0032
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,309 | $7,300 | $1,800 | $5,500 |
| 2023 | $8,647 | $7,300 | $1,800 | $5,500 |
| 2022 | $11,260 | $8,250 | $1,800 | $6,450 |
| 2021 | $12,773 | $8,250 | $1,800 | $6,450 |
| 2020 | $10,044 | $8,250 | $1,800 | $6,450 |
| 2019 | $12,015 | $8,250 | $1,800 | $6,450 |
| 2018 | $0 | $8,250 | $1,800 | $6,450 |
| 2017 | $0 | $8,250 | $1,800 | $6,450 |
| 2016 | $11,751 | $8,250 | $1,800 | $6,450 |
| 2015 | -- | $8,250 | $1,800 | $6,450 |
| 2014 | -- | $8,250 | $1,800 | $6,450 |
| 2013 | -- | $8,250 | $1,800 | $6,450 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $700,000 | -- | $325 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $440,000 | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | $20,000 | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | Purchase Money Mortgage | |
| Previous Owner | $259,250 | Unknown | |
| Previous Owner | $228,000 | Unknown | |
| Previous Owner | $212,000 | Purchase Money Mortgage | |
| Previous Owner | $26,000 | Credit Line Revolving |
Source: OneKey® MLS
MLS Number: 893292
APN: 0800-169-023-03126-000-0032
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