Rivellino Realty
325 Park Avenue
Rochester, New York NY 14607
Price: $514,900
Est. Monthly Payment: $2,211.28 See Details
Listing ID R1055077 Status A-Active 5,072 Square Feet 0.164 Acres

Property Description:

Location, location, location! Outstanding turnkey opportunity located in the heart of highly desireable Park Ave. Immediate cash return! CAP rate at 7.7%. Post financing cash on cash return at 10%. The 2017 gross operating income is $56,580! The units are 100% occupied with rent stability via leases. Rents are below market offering increased short term cash return and appreciation opportunities! This mixed use property has five offices (front) and two apartments (rear). Act now to get a great return on your investment in one of Rochester's best locations and hottest markets! Suitable for either absentee owner or owner occupancy. See attached brochure for additional info.
{"zipcode": "14607", "price": "514900"}
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Primary Features

County: Monroe
Property Type: Commercial/Industrial
Year Built: 1900
Zoning: CNVRTD RES

External Features

Lot Dimensions Depth: 140
Lot Dimensions Frontage: 50
Lot Shape: Rectangular
Number of Available Parking Spaces: 6
On Waterfront: no
Parking Description: Common, Surfaced
Roof Description: Shingles

Additional

Businessis Franchise Y/N: no
Category: Mixed Use
Construction: Other - See Remarks
Number of Buildings: 1
Public Transportation: 1-2 Blocks
Seller Desires: Cash
Seller Provides: Survey
Sewer Water: Public Sewer Connected
Street Suffix: Avenue
Supplement Count: 1
Type Of Building: Office Building, Residential
Year Built Description: Existing

Financial Details

Gross Annual Income: 56580
Income expense Information: Provided By Owner
Number of Leases: 6
Operating Expenses Include: Gas/Oil, Pure Water, Sewer, Snow Plow, Water
Sale Includes: Land and Building
School Tax: 8940
Total Taxes: 11762
Town/County Tax: 2822
Transaction Type: Sell
Type of Sale: Normal
Value Range Pricing: no

Interior Features

Basement Description: Full
Floor Description: Carpet, Hardwood-Some
Heating Fuel Description: Gas
HVAC Type: Forced Air
Living Quarters: yes
Living Quarters Description: Apartment
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Number of Residential Units: 2
Number of Stories: 2.0000
Total Number of Units: 7

Location Information

City Neighborhood: Park Avenue
Location: Business District, Residential
Lot Number: 13
Nearest Cross Street: Oxford
School District: Rochester
Subdivision/Community/Complex: Hooker Subn
Village: Not Applicable

Zoning Info


Area Info


Listing courtesy of Glamack REALTORS

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than Rivellino Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Rivellino Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2017 Central New York Information Service, Inc.. All rights reserved. Data last updated Friday, August 18th, 2017.

Contact - Listing ID R1055077

Joseph Rivellino

250 North Main St.
Warsaw, NY 14569
Phone: 585-786-3614

Data services provided by IDX Broker
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