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Epique Realty
586 Ridgeway Avenue, Rochester, NY 14615
- $189,900
- 6
- BD
- 2
- BA
- 2,458
- SqFt
- Sold Price
- $189,900
- Status
- CLOSED
- Days on Market
- 2
- Closing Date
- Feb 10, 2026
- MLS#
- R1650217
- Subtype
- Residential
- Style
- Duplex
- Architectural Style
- Duplex
- Year Built
- 1922
- Bedrooms
- 6
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,458
- Lot Size
- 5,210
- Acres
- 0.12
- Subdivision
- Summit Grove
- Neighborhood
- Summit Grove
- MLS Area Major
- Rochester City
Property Description
Introducing an exceptional investment opportunity in the heart of Rochester’s growing Maplewood/Summit Grove district: 586-588 Ridgeway Ave, a fully-rented duplex built in 1922 featuring two well-appointed 3-bedroom, 1-bath units. Boasting approximately 2,458 sq ft of living space, each unit includes its own dining room, living room, private attic and basement access — plus a detached 2-car garage on Aster Street offering tenant convenience and added value. Recent sale data supports the strong income potential and market appeal of this side-by-side offering. Gross annual rents of $34500, NOI of $28,527 gives an excellent Cap Rate of 15.85% and Cash-on-Cash Return of 63.39% (assuming 25% Down Payment). Professionally managed, and this arrangement could continue.
Additional Information
- Taxes
- $4,365
- Property Description
- Duplex
- Flooring
- Hardwood, Resilient, Varies
- Appliances
- Gas Water Heater
- Heating
- Gas, Forced Air
- Roof
- Asphalt
- Foundation
- Block
- Parking Features
- Paved, Two or More Spaces
- Garage Spaces
- 2
- School District
- Rochester
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Listing courtesy of Weichert Realtors - Lilac Properties. Contact: 585-613-4606
Selling Office: Keller Williams Realty Greater Rochester.