227 1st Avenue, Mount Vernon, NY 10550

$700,000

**Back on Market – Previous accepted offer did not proceed. Property is fully available and ready for showings.** 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… Read More 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! Read Less

Listing Courtesy of Century 21 Dawns Gold Realty, 914-793-8800.

Listing Snapshot

Days Online

Last Updated

Aug 22, 2025

Property Type

Duplex

Beds

Full Baths

Square Ft.

2,155

Lot Size

0.06 Acres

Year Built

1896

MLS Number

893292

30 Days Snapshot Of 10550

$555k

(avg) sold price

-100%

homes sold

161

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Description: "Full", "Storage Space", "Unfinished", "Walk-Out Access"

Building

Architecture: "Victorian", Building Area: 2155, Construction Materials: "Aluminum Siding", "Brick", Year Built: 1896

Cooling

Details: "Wall/Window Unit(s)"

Exterior Features

Patio Features: "Porch"

Fence

Description: "Front Yard"

Fireplaces

Total Fireplaces: 1

Floors

Flooring: "Carpet", "Vinyl"

Heating

Heating: "Natural Gas"

Laundry

Description: "In Basement"

Lot

Acres: 0.06, Dimensions: 35 X 80 X 35 X 80

Parking

Parking Total: 2

Utilities

Sewer: "Public Sewer", Water Source: "Public", Utilities: "Electricity Connected", "Natural Gas Connected", "Sewer Connected", "Trash Collection Public", "Water Connected"

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