1586 Saint Paul Street #1580, Rochester, 14621
ML Number: R1721284
List Price: $325,000
Description
Investment Opportunity – 1580 St. Paul Street, Rochester, NY Great opportunity to add a 6-unit income-producing property to your portfolio! This property offers a desirable mix of spacious 1-bedroom and 3-bedroom units, with a combination of occupied apartments and vacant units providing flexibility for a new owner. Current/recent rental breakdown: • Apt 1 – 1 Bedroom – $795/month • Apt 2 – 3 Bedroom – $1,145/month • Apt 3 – 1 Bedroom – Vacant, recently rented at $795/month • Apt 4 – 3 Bedroom – Vacant, recently rented at $1,195/month • Apt 5 – 3 Bedroom – Vacant, recently rented at $1,195/month • 7 Beach – 3 Bedroom – $1,195/month Based on current and most recent rents, the property has a potential gross rental income of $6,320 per month / $75,840 annually when fully occupied. With four 3-bedroom units and two 1-bedroom units, this property offers strong rental potential and an opportunity for an investor to lease the vacant units and increase income immediately. Convenient Rochester location with access to nearby shopping, transportation, and amenities. A great option for an investor looking for a multi-unit property with existing income and additional upside. Don’t miss the opportunity to add this property to your portfolio!
Aerial View of this Location
| Property Type: | 5 + Unit Apartments |
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| Bedrooms: | 5 |
| Full Bath(s): | |
| Half Bath(s): | |
| Living Area (SqFt): | 14,820 |
| Lot Size (Acres): | 0.1984 |
| Garage Spaces: | |
| Year Built: | 1926 |
| Address: | 1586 Saint Paul Street #1580 |
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| City: | Rochester |
| County: | Monroe |
| State: | NY |
| Zip Code: | 14621 |
| School District: | Rochester |
| List Price: | $325,000 |
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| Assessed Value: | $0 |
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Property Features
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| On Waterfront: | No |
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| # Fireplaces: | 0 |
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Listing courtesy of One Seven Realty Inc
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