Open House
Tue Sep 08, 6:00pm - 7:00pm
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,161 sqft
Price per Sqft $42
Subdivision Hawthorne Terrace Subn
MLS Listing ID R1705755
Style Fourplex
Bedrooms 6
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $6,460
Lot Size 8,346 Sqft
Acres 0.1916
Lot Dimensions 60X137
Property Sub-Type Multi Family
Property Description
Welcome to 45 Kenwood Ave, a multi-family property with plenty of potential, offering a fantastic opportunity for investors looking to add character, cash flow, and long-term income to their portfolio. Even better, this property can also be purchased together with the four-unit property next door at 33 Kenwood Ave (R1705754), creating an exciting opportunity to own two neighboring income-producing properties.
This property features four apartments, including two 2-bedroom apartments and two 1-bedroom apartments, each offering its own unique charm. Throughout the building, you'll find many of the original details that give this property its timeless Rochester character and classic architectural features that are increasingly difficult to find.
The current rents are $950, $750, $800, and $950 per month, providing $3,450 in gross monthly rental income, or $41,400 annually, with immediate cash flow from established tenants. Each unit has separate electric and gas, offering a practical setup for managing operating expenses.
Whether you're an experienced investor looking to expand your portfolio or someone looking to make their first multi-family investment, 45 Kenwood Ave offers plenty of potential and the possibility to acquire the neighboring 33 Kenwood Ave as well, this is an opportunity worth taking a closer look at.
Come see what these Kenwood Avenue properties could add to your portfolio!
Tenant occupied and needs 48hr notice to show. Please give 24 hours for life of offer.
Location
State NY
County Monroe
Community Hawthorne Terrace Subn
Area Rochester City-261400
Direction From Chili Ave, turn onto Kenwood Ave
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Ceramic Tile, Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Porch Covered, Porch
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Structure Type Composite Siding,Wood Siding,Copper Plumbing
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-120-500-0001-033-000-0000
Security Features Fire Escape
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
Khem Kadariya
Phone