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$174,900
3 Beds ⋅ 2 Baths ⋅ R1699901 MLS
Destination Properties Presents a rare turnkey multifamily opportunity delivering immediate income stability, modern updates, and meaningful upside potential, all in one highly desirable package. This well maintained property features two apartments: a 1 bed, 1 bath unit and a 2 bed, 1 bath unit, offering exceptional flexibility for both owner occupants and investors alike. The downstairs unit benefits from a long term tenant, providing proven stability and a consistent rental history. The upstairs 2 bed has been fully remodeled and presents strong market rate rental potential, or the perfect opportunity for an owner occupant to offset their mortgage with rental income. Recent improvements include a freshly painted exterior and a beautifully updated upper unit, delivering a clean, modern, move in ready experience with minimal maintenance required. The upstairs unit features an enclosed porch, perfect for personal enjoyment, or easily converted into a dedicated home office space. The downstairs tenant also enjoys a covered front porch, adding comfort and outdoor living appeal. Both units separate entrances, ensuring seamless independence and enhanced privacy for each occupant. The property also offers ample off street parking, usable yard space, and a 3 car garage for additional storage or rental income, rare features that set this asset apart in today’s market. Major mechanical systems have been updated, including newer furnace and water heaters, offering peace of mind and reducing future capital expenses. The property has been consistently and professionally maintained through ongoing property management. Destination Properties offers a seamless opportunity for investors seeking a hands off acquisition property management can be continued post closing, with terms available upon discussion. A well positioned investment delivering day one performance with strong long term growth potential, making it an exceptional addition to any portfolio or an ideal entry point for those beginning their journey into multifamily ownership. As an added opportunity, the neighboring property at 183 Alameda St is also available for purchase. Offers Due Thursday July 23rd at 3PM.

177 Alameda Street, Rochester
$174,900
4 Beds ⋅ 2 Baths ⋅ R1699902 MLS
Destination Properties Presents a rare turnkey multifamily opportunity delivering immediate income, strong cash flow, and meaningful upside potential all in one highly desirable package. This well maintained property features two spacious 2 bed, 1 bath apartments, both currently occupied with tenants paying below market rate rents but providing immediate income from day one while still offering room for rental growth. Both units feature durable hardwood and luxury vinyl flooring throughout, creating an attractive, low maintenance living environment. The first floor apartment offers a desirable butlers pantry off the kitchen, a covered front porch, and a wheelchair accessible ramp, enhancing both functionality and accessibility. The second floor apartment enjoys a private covered rear porch, providing additional outdoor living space and tenant appeal. Each unit benefits from private entrances, allowing for enhanced privacy and independent living. The property also offers ample off street parking and usable outdoor space, features that continue to drive tenant demand and long term desirability. Major mechanical systems have been updated, including newer furnaces and water heaters, helping reduce future capital expenditures and providing peace of mind for the next owner. The property has been consistently and professionally maintained through ongoing property management, ensuring it remains in operational condition. Destination Properties offers a seamless opportunity for investors seeking a hands off acquisition, property management can be continued post closing, with terms available upon discussion. A well positioned investment delivering day one performance with strong long term growth potential, making it an exceptional addition to any portfolio or an ideal opportunity for those looking to establish a foothold in real estate. As an added opportunity, the neighboring property at 177 Alameda St is also available for purchase. Properties may be acquired individually or as a package, presenting a chance to scale an existing portfolio, increase unit count, and capitalize on operational efficiencies through adjacent ownership. Offers Due Thursday July 23rd at 3PM

183 Alameda Street, Rochester

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.