Discover the potential of this expansive multi-family Colonial located in one of Mount Vernon's most convenient and sought-after neighborhoods near the Fleetwood section. Offering a rare combination of size, character, and flexibility, 240 N Fulton Avenue is ideals, owner-occupants seeking supplemental income, or investors looking for a strong rental opportunity in an area where multi-family properties continue to see consistent demand and value growth. This generously sized home features 7+ bedrooms and 5 bathrooms with oversized living spaces throughout. Each level offers spacious eat-in kitchens, formal dining rooms, bright living rooms, abundant closet space, and beautiful hardwood floors. The second floor showcases a unique raised dining area with a wet bar, along with a sun-filled solarium perfect for that morning cup of coffee or potential conversion to a deck. Original stained-glass windows throughout the home add warmth, charm, and timeless architectural character. Additional highlights include a finished walk-out basement providing even more usable space, individual thermostats on each floor, washer/dryer convenience, and a slate roof that has been maintained within the last two years. Located just moments from Metro-North, major highways, buses, shopping, restaurants, and schools, this property offers the accessibility today's buyers and tenants are searching for. With recent multi-family sales in the immediate area continuing to support strong market activity, 240 N Fulton Avenue presents an excellent opportunity to own a substantial property with both immediate functionality and long-term income-producing potential.