587 University Avenue, Rochester, NY 14607

$680,000
10
BD
7
BA
5,109
SqFt

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List Price
$680,000
Status
ACTIVE
Days on Market
7
MLS#
R1722445
Subtype
Residential
Style
Triplex
Architectural Style
Triplex
Year Built
1893
Bedrooms
10
Bathrooms
7
Full Baths
5
Half Baths
2
Living Area
5,109
Lot Size
10,143
Acres
0.23
Subdivision
C Johnson
Neighborhood
C Johnson
MLS Area Major
Rochester City

Property Description

Welcome to 587 University Avenue, a well-positioned three-unit property in Rochester’s desirable 14607 area. The first-floor unit is currently vacant and was previously rented for $2,800/month, offering an excellent opportunity for an owner-occupant or investor to occupy one unit while generating rental income from the remaining apartments.The second-floor unit features 3 bedrooms and 1.5 bathrooms and is leased through June 2027 at $1,500/month, with a detached garage available for an additional $100/month. The third-floor unit offers 2 bathrooms and is currently rented for $1,950/month.Recent updates include new HVAC systems on two units and a side condenser approximately 2 years ago, new electrical breakers and house meters approximately 20 years ago, and a water heater approximately 10 years old. Conveniently located near the University of Rochester, Strong Memorial Hospital, shopping, dining, and neighborhood amenities.A great opportunity for an owner-occupant looking to offset their housing costs or an investor seeking a multifamily property with established rental income and additional income potential. Delayed Negotiations until 10/30/2026 @4:20 PM.

Additional Information

Interior Features
Cedar Closet(s), Ceiling Fan(s), Entrance Foyer
Taxes
$13,410
Property Description
Triplex
Zoning
Residential Multi Use
Flooring
Hardwood, Laminate, Tile, Varies
Heating
Gas, Forced Air
Foundation
Stone
Parking Features
Paved, Parking Available, Two or More Spaces, Garage
Garage Spaces
2
School District
Rochester

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Listing courtesy of East Ave Realty. Contact: