UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,345 sqft
Price per Sqft $83
Subdivision Smith Tr
MLS Listing ID R1711149
Bedrooms 7
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $14,415
Lot Size 10,044 Sqft
Acres 0.2306
Lot Dimensions 62X160
Property Sub-Type Other
Property Description
For those waiting for an opportunity in the highly desirable Park Avenue neighborhood, this may be the one! This well-maintained 7-unit property is fully rented with leases in place and offers excellent off-street parking.
The property consists of six apartments in the main building and one apartment in the charming carriage house.
Current annual gross rental income exceeds $102,000.
Operating expenses include:
Taxes: $14,415;
Insurance: $3,276;
Utilities: $8,712;
Water: $1,221;
Refuse: $1,912.
A strong opportunity for an investor seeking an established, income-producing property in one of the area's most sought-after neighborhoods.
Please allow 48 hours' notice for all showings. Proof of funds and a bank term sheet for financing from a commercial lender are required prior to scheduling a showing.
Location
State NY
County Monroe
Community Smith Tr
Area Rochester City-261400
Direction Park Avenue to Goodman
Rooms
Basement Full
Interior
Heating Electric, Gas, Baseboard, Hot Water
Flooring Other, See Remarks
Fireplace No
Appliance Gas Water Heater, See Remarks
Exterior
Exterior Feature Blacktop Driveway
Community Features Other, See Remarks
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Irregular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Other,See Remarks
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-121-420-0002-021-000-0000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Nearby Locations
Khem Kadariya
Phone