314 Park Avenue, Rochester, NY 14607

$1,100,000
7
BD
10,242
SqFt

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List Price
$1,100,000
Status
ACTIVE
Days on Market
0
MLS#
R1714111
Subtype
Multi Family
Year Built
1900
Bedrooms
7
Living Area
10,242
Lot Size
9,148
Acres
0.21
Subdivision
Hooker
Neighborhood
Hooker
MLS Area Major
Rochester City

Property Description

Excellent investment opportunity in Rochester’s highly desirable Park Avenue neighborhood! This unique 7-unit property features seven spacious 3-bedroom apartments, offering an attractive unit mix in a prime rental location. Two units feature 1.5 baths, with the remaining five offering 1 full bath. Each apartment also includes its own full basement and full walk-up unfinished attic, providing exceptional storage space. The property contains approximately 9,730 square feet and generates scheduled gross rents of $141,216 annually when fully occupied. Tenants pay their own gas and electric utilities; owner pays water. Current Certificate of Occupancy valid through 12/11/2028. Six units are currently occupied with leases in place and one unit is available for immediate rental, providing an opportunity for a new owner to place a tenant at current market rent. Offered at $1,100,000. A rare opportunity to acquire seven 3-bedroom units in the heart of the Park Avenue neighborhood.

Additional Information

Taxes
$28,598
Flooring
Carpet, Hardwood, Laminate, Resilient, Tile, Varies
Appliances
Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Heating
Gas, Forced Air, Multiple Heating Units
Air Conditioning
Central Air
Stories
2
Levels
Two
Roof
Shingle
Parking Features
None, No Driveway, No Garage
School District
Rochester

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Calculator source: Real Geeks

Listing courtesy of Tickle Realty, LLC. Contact: