204 Fairgate Street, Rochester, 14606

ML Number: R1718638

List Price: $319,900

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Description

Investor alert! Three City of Rochester properties offered together: a fully occupied 3-family and two single family homes, all with tenants in place and income from day one. 204 Fairgate St is a 3-unit, 100% occupied, grossing $1,937/month. All three rents are below market, leaving room to raise each by a few hundred dollars a month. 409 Hague St is a single family rented at $940/month. 22 Michigan St is a single family rented at $785/month. Current gross is $3,662/month ($43,944/year) with clear upside through rent increases and hands-on management. All properties will be sold as-is. Properties must be purchased together. Tenant occupied. 48-hour notice preferred, 24-hour minimum, for all showings. Please allow time for tenant/PM coordination. Please do not disturb tenants.

Aerial View of this Location

Classification:

Property Type:	Commercial/Industrial
Living Area (SqFt):	2,782
Lot Size (Acres):	0.1360
Garage Spaces:
Year Built:	1840

Location:

Address:	204 Fairgate Street
City:	Rochester
County:	Monroe
State:	NY
Zip Code:	14606
School District:	Rochester

Financials:

List Price:	$319,900
Assessed Value:	$0
Tax id:

Property Features

Lot Information:
On Waterfront:	No
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# Fireplaces:	0
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Listing courtesy of Flaum Management Company Inc.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Keenan Group Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2006 Genesee Region Real Estate Information Service, powered by Homesteadnet.com. All rights reserved.