$412,000
$399,999
3.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
7,102 SqFt
SOLD DATE : 08/10/2023
Key Details
Sold Price $412,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,102 sqft
Price per Sqft $58
Subdivision Vanderbuilt Improv Compan
MLS Listing ID B1470028
Sold Date 08/10/23
Bedrooms 5
Construction Status Existing
HOA Y/N No
Year Built 1926
Annual Tax Amount $11,388
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 69X150
Property Description
Incredible opportunity in East Rochester, NY. This hillside neighborhood apartment building will be a “diamond” addition to Your Rental Portfolio. Five apartment building located across from Edmund-Lyon Park and a short walk to grocery, shops and restaurants. Very easy to rent with long term tenants that are all current and have the desire to stay, making this a true “turn-key” opportunity. Annual Gross Rent Role of almost $48,000 with step-up opportunity. Main building has a new Tear Off roof in late 2022, Mechanicals are all solid and Hot Water Tanks are updated and replaced when necessary. 905 Main Street offers a number of additional amenities that make the apartments highly desirable and easy to rent. Each apartment is assigned a covered garage space, and plenty of additional parking in rear which is an extreme rarity in Apartment Style Living. Outdoor Grass Area where Tenants have a seating/bbq area. Basement provides five sectioned areas for washer & dryer, separate gas meters, HWT, and forced air furnace for each apartment. Showings may be limited to one or two units to respect the privacy of the Tenants. Proof of Funds to be submitted with each showing.
Location
State NY
County Monroe
Community Vanderbuilt Improv Compan
Area East Rochester-Village-265801
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Ceramic Tile, Laminate, Varies
Furnishings Unfurnished
Fireplace No
Appliance Appliances Negotiable, Gas Water Heater
Exterior
Exterior Feature Blacktop Driveway, Private Yard, See Remarks
Community Features Other, Storage Facilities, See Remarks
Utilities Available Sewer Connected, Water Connected
Waterfront No
Roof Type Asphalt
Building
Lot Description Residential Lot
Story 4
Sewer Connected
Water Connected, Public
Structure Type Stucco
Construction Status Existing
Schools
School District East Rochester
Others
Senior Community No
Tax ID 265801-152-290-0001-040-000
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Financing Other,See Remarks
Special Listing Condition Standard
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Bought with Empire Realty Group