#874856, Listing office: eXp Realty
Property details
About 227 S 1st Ave
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!
Highlights
Summary
- Full Bathrooms: 3
- Basement: Yes
- Flooring Type: Carpet, Vinyl
- Interior: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Entrance Foyer, Formal Dining, Walk-In Closet(s), Washer/Dryer Hookup
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Driveway
- Exterior: Front Fence, Porch
- Architectural Style: Victorian
- Heating: Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $700,000
- Annual Tax Amount: $9,893
- Tax Year: 2019
- Year Built: 1896
- Lot Size: 0.06 Acres
- MLS Number: 893292
- MLS Name: ONEKEY2
- Office Name: Century 21 Dawns Gold Realty
- Office Phone: (914) 793-8800
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 11, 2008 | Home Sold | $440,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $7,300 | $- |
2022 | $8,250 | $- |
2021 | $8,250 | $- |
2020 | $8,250 | $- |
2019 | $8,250 | $9,893 |
2018 | $8,250 | $11,979 |
2017 | $8,250 | $11,673 |
History based on county public records data.
Nearby schools
5
Rebecca Turner Elemtnary School
Public District PK-4
0.7 mi
•625 S 4th Ave
4
P.S. 87 Bronx
Public District KG-5
1.1 mi
•1935 Bussing Ave
7
P.S. 68 Bronx
Public District PK-5
1.1 mi
•4011 Monticello Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,840. The most common annual income of people living in Mount Vernon, NY is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 227 S 1st Ave
The listing price of 227 S 1st Ave property is $700,000.
The property 227 S 1st Ave is a multi located in Mount Vernon, New York, 10550.
Active Listing: 227 S 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 227 S 1st Ave are: Rebecca Turner Elemtnary School (GreatSchools Rating 5/10), P.S. 87 Bronx (GreatSchools Rating 4/10), P.S. 68 Bronx (GreatSchools Rating 7/10), Edward Williams School (GreatSchools Rating 2/10), Amani Public Charter School (GreatSchools Rating 6/10), Cecil H Parker School (GreatSchools Rating 3/10), Denzel Washington School-Arts (GreatSchools Rating 6/10), Pelham Memorial High School (GreatSchools Rating 10/10), Yonkers Montessori Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2019 is $9,893 (source: MLS/based on county public records data).
The last sale was on February 11, 2008 for $440,000 (source: MLS/tax record).
The year of construction for 227 S 1st Ave is 1896.
This home is located at 227 S 1st Ave in Mount Vernon, NY and zip code 10550. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $700,000.
Mount Vernon, NY housing market in June 2025 saw over 19 listings sold above listed price, more than 5 sold at listed price and over 14 sold below. The inventory of homes for sale in Mount Vernon, NY between May and June 2025 decreased by 5.2%. In June 2025 median list price was $592,500 and the average listing age was 62 days.