Overview
- 8 Bedrooms
- 5 Bathrooms
- 4,320 ft
- Year Built: 1915
Description
-Lyell Ave, Rochester, NY 14606
-This 5plex features Electric heat so no furnaces to deal with. New hot water tanks within 3-5 years. All separate utilities. New Vinyl replacement windows 4 years ago, new tear off roof 13 years ago. Vinyl sided. Electric and plumbing was upgraded 6 years ago to obtain Certificate of Occupancy. All units on rentable shape.
-This cash cow has potential gross rent of $45,000 annually.
-5 units. 3 of them with 2 bedrooms and 2 of them with one bedroom.
-There are two units which are rented out to great long term tenants and 3 that are currently vacant
-The 2-bedooms are rented out for $650 each (the 1 bedroom were rented out for $550) but actual market rent is at least $100 more per month per unit.
Address: 487 Lyell Ave, Rochester, NY 14606, USA
City: Rochester
County: Monroe County
State: New York
Zip: 14606
Country: United States
Open In Google Maps
Property Id : 38608
Price: $ 145,000
Property Size: 4,320 ft
Bedrooms: 8
Bathrooms: 5
ARV: $225,000
Property Type: Multifamily
Parking: Driveway
Year Built: 1915
Lot Size: 0 acres
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