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48 S Bleeker St 5 Unit Apartment Building $1,660,068 CAD ($332,014 CAD/Unit) 8% Cap Rate Mount Vernon, NY 10550
EXECUTIVE SUMMARY
Five-family property for sale in the heart of Mount Vernon, featuring all 2-bedroom, 1-bathroom units. This impeccably maintained building was recently gut-renovated from top to bottom, offering modern finishes and strong infrastructure. All units feature high ceilings of approximately 9 feet, adding to the sense of space and light. Additional amenities include a coin-operated laundry room, tenant storage room, security camera system, and a spacious backyard. Each unit is separately metered for heat, hot water, gas, and electricity, keeping ownership expenses low. Currently rented below market value, this property offers strong upside potential and is an excellent investment opportunity.
PROPERTY FACTS
| Price | $1,660,068 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $332,014 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 8% | Building Size | 10,500 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment |
| Price | $1,660,068 CAD |
| Price Per Unit | $332,014 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 10,500 SF |
| No. Stories | 2 |
| Year Built | 1950 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (75)
PROPERTY TAXES
| Parcel Number | 0800-164-076-01065-000-0020 | Improvements Assessment | $23,909 CAD |
| Land Assessment | $2,657 CAD | Total Assessment | $26,566 CAD |
PROPERTY TAXES
Parcel Number
0800-164-076-01065-000-0020
Land Assessment
$2,657 CAD
Improvements Assessment
$23,909 CAD
Total Assessment
$26,566 CAD
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48 S Bleeker St
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