Rochester, NY 14613,769 Lake AVE
Rochester, NY 14613,769 Lake AVE
Rochester, NY 14613,769 Lake AVE
Rochester, NY 14613,769 Lake AVE
Rochester, NY 14613,769 Lake AVE
Rochester, NY 14613,769 Lake AVE
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$ 429,900
Est. payment | /mo

10 Beds

7,022 SqFt


$ 429,900
Est. payment | /mo

10 Beds

7,022 SqFt

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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Listed by Rich Realty
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+1(585) 754-3821

damaris@rrealtyrochester.com

86 Lake Avenue, Rochester , New York, 14608, USA

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769 Lake AVE