257 Lake Avenue, Rochester, 14608
ML Number: R1701246
List Price: $275,000
Description
Exceptional 5-unit investment opportunity in the City of Rochester! This fully tenant-occupied property features long-term tenants, providing immediate rental income from day one. Property features 2 Studio apartments, 1 1-bedroom apartment, and 2 2-bedroom apartments . Each unit has been updated over time (see attached update sheet for details), presenting a well-maintained asset with strong investment appeal. Additional features include off-street parking and a convenient location close to shopping, restaurants, public transportation, and major expressways. Whether you're looking to expand your portfolio or make your next multifamily acquisition, this property is one you won't want to miss. Property is part of a larger portfolio, with additional investment opportunities available individually or as a package. We request that all interested parties respect the tenants, not disturb or approach them, and limit any drive-bys to viewing the property from the street only. Please contact list agent with all questions, thank you! Seller is offering a $10,000 credit at closing to assist the buyer with future roof repairs/replacement.
Aerial View of this Location
| Property Type: | 5 + Unit Apartments |
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| Bedrooms: | 3 |
| Full Bath(s): | |
| Half Bath(s): | |
| Living Area (SqFt): | 5,660 |
| Lot Size (Acres): | 0.1456 |
| Garage Spaces: | |
| Year Built: | 1900 |
| Address: | 257 Lake Avenue |
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| City: | Rochester |
| County: | Monroe |
| State: | NY |
| Zip Code: | 14608 |
| School District: | Rochester |
| List Price: | $275,000 |
|---|---|
| Assessed Value: | $0 |
| Tax id: |
Property Features
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| On Waterfront: | No |
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| # Rooms: | |
| Additional Rooms: | |
| Floors: | |
| Interior Features: | |
| # Fireplaces: | 0 |
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Listing courtesy of Rise Real Estate Services LLC
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