$226,000 EMV

Multi-Family
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W Sidney Ave
Mount Vernon, NY 10550

Overview

This Multi-Family is located at W Sidney Ave, Mount Vernon, NY 10550. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time.
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Status: Inactive
Listing ID: 60696343
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Learn about W Sidney Ave in Mount Vernon, NY

This multi-family property is available as a foreclosure at W Sidney Ave. Based on our analysis of the current market conditions in Mount Vernon for W Sidney Ave and comparable listings, the estimated market value is $226,000. If purchased for rental purposes, the monthly rental rate could range between $1,740 and $2,600. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at W Sidney Ave are updated daily along with others in Mount Vernon, New York.


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Property Information

  • Source ID: 50304888
  • Day(s) On Site: 200
  • Subdivision: CENTRAL MOUNT VERNON
  • Parcel Number: 550800 165.61-1085-4
  • Property Type: Multi Family Dwelling
  • Recording Date: 07-26-2023
  • Owner Name: FEDERAL NATIONAL MORTGAGE ASSOCIATI
  • Owner Mailing Address: 5600 GRANITE PKWY
  • Document Number: 0630893300

Public Records

  • Land Area Sqft: 2,579
  • Property Type: Duplex, Triplex, Quadplex
  • APN: 0800-165-061-01085-000-0004
  • Township: MOUNT VERNON
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Community & Neighborhood

This property in Mount Vernon, NY is located in the Central Mount Vernon Subdivision.


Foreclosure

The property located at W Sidney Ave in Mount Vernon, NY is listed as a Foreclosure

Properties like W Sidney Ave in Mount Vernon, New York listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Mount Vernon, NY. The longer lenders own properties like this on W Sidney Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for W Sidney Ave located in Mount Vernon, NY is $2,170/month. Comparable homes around W Sidney Ave that are rentals have monthly ranges starting as low as $1,740 per month and as high as $2,600 per month. An owner looking to use this property as an investment could bring a return in the area of $1,740 - $2,600 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Homes On This Street
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W Sidney Ave
Mount Vernon, NY 10550

Multi-Family

$226,000 EMV

Status: Inactive Listing ID: 60696343

Property Information

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Public Records

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Property Description

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Listing URL

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