158-164 Elm Ave 2 Multifamily Properties Offered at $2,947,560 CAD in Mount Vernon, NY

158-160 Elm Ave and 164 Elm Ave present a multifamily investment opportunity in Mount Vernon, Westchester County. Publicly available listing information indicates the properties were marketed together as a package consisting of a five-unit apartment building and an adjacent two-family property with an additional unit, creating a combined seven-unit residential income asset. The properties have been reported as renovated and fully occupied at the time of prior marketing, with on-site parking, garage space, and shared laundry facilities serving residents.
The property has a spacious parking lot for its tenants with an additional garage. All of the apartments are free market. Laundry is provided for both properties. The location provides convenient access to downtown Mount Vernon amenities and regional transportation options. Mount Vernon East Metro-North Station is within walking distance, offering commuter connectivity to New York City and the broader New York metropolitan area. The surrounding neighborhood contains a mix of multifamily housing, neighborhood retail, community services, and established residential development that supports ongoing rental demand.
For investors seeking a stabilized residential asset in southern Westchester County, the combined property package offers an opportunity to control multiple adjacent parcels in a transit-accessible location. Reported operational characteristics, parking availability, and proximity to commuter rail infrastructure contribute to the property's long-term relevance within the local housing market. The assemblage benefits from its position within an established residential neighborhood while maintaining access to major regional employment centers throughout Westchester County and New York City.