769 Lake AVE new Save Request In-Person Tour Request Virtual Tour
Rochester,NY 14613
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,022 sqft
Price per Sqft $61
Subdivision Mc Crackenville
MLS Listing ID R1610493
Bedrooms 10
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $11,664
Lot Size 7,662 Sqft
Acres 0.1759
Lot Dimensions 62X123
Property Sub-Type Other
Property Description
Introducing 769 Lake Avenue, an investment opportunity in Rochester, NY. This charming 10-unit brick apartment building is all one-bedroom, one-bath apartments and a new boiler installed in 2023. With a total of 5,286 square feet, this property presents a solid cash flow opportunity with all units currently leased to reliable tenants. The building's Certificate of Occupancy is valid until August 2026. Located in the bustling Edgerton neighborhood with a variety of amenities, this property offers a desirable rental income stream. The well-maintained units generate a total monthly rent of $6,850. With a competitive price per square foot and a healthy Cap Rate, this investment promises a strong return. Benefit from the thriving rental market in Rochester, home to prestigious universities, prominent employers, and a diverse population. Don't miss out on this turnkey investment opportunity at 769 Lake Avenue.
Rent Roll and Expense info available own request. Please allow 48 hours to schedule showings. Showings to be weekdays between 10am and 3pm. Proof of funds and proof of financing requested prior to scheduling showings.
Location
State NY
County Monroe
Community Mc Crackenville
Area Rochester City-261400
Direction Lake Ave to Lexington
Rooms
Basement Full,Partially Finished
Interior
Heating Gas,Other,See Remarks
Cooling Other,See Remarks
Flooring Other,See Remarks
Fireplace No
Appliance Gas Water Heater,See Remarks
Exterior
Exterior Feature See Remarks
Community Features Other,See Remarks
Utilities Available Sewer Connected,Water Connected
Roof Type Other,See Remarks
Garage No
Building
Lot Description Irregular Lot,Near Public Transit
Story 3
Sewer Connected
Water Connected,Public
Structure Type Other,See Remarks
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-105-270-0002-015-000-0000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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