Rivellino Realty
325 Park Avenue
Rochester, New York NY 14607
Price: $514,900
Est. Monthly Payment: $2,211.28 See Details
Listing ID R1055135 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 more info.
{"zipcode": "14607", "price": "514900"}
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Primary Features

County: Monroe
Property Type: Multi-Family (2-4) Units
Year Built: 1900

External Features

Additional Exterior Features: Cable TV Available, Fire Escape, High Speed Internet
Exterior Construction: Wood
Foundation Description: Stone
Lot Dimensions Depth: 140
Lot Dimensions Frontage: 50
Lot Information: Near Bus Line, Neighborhood Street
Lot Shape: Rectangular
On Waterfront: no
Parking Driveway: 2 or More Spaces, Blacktop
Sewer Description: Sewer Connected
Water Resources: Public Connected

Interior Features

Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
Attic Description: Crawl Space
Basement Description: Exterior Walkout, Full
Floor Description: Hardwood-Some, Resilient-Some, Wall To Wall Carpet-Some
Heating Fuel Description: Gas
HVAC Type: Forced Air
Kitchen Equipment Appliances Included: Refrigerator
Number of Fireplaces Artificial: 2
Number of Fireplaces Total Calculated: 2
Number of Heating Units: 1
Number of Stories: 2.0000
Total Number of Apartments: 2

Additional

Number of Electric Meters: 5
Number of Gas Meters: 3
Street Suffix: Avenue
Supplement Count: 1
Type of Residence: 2 Unit, Mixed Use
Water Heater Fuel: Gas
Year Built Description: Existing

Location Information

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

Financial Details

Gross Annual Income: 56580
Operating Expenses Include: Gas/Oil, Pure Water, Refuse, Snow Plow, Water / Sewer
Rent Includes: Heat, Hot Water, Lawn Maintenance, Refuse Removal, Snow Removal, Water
School Tax: 8940
Total Taxes: 11762
Town/County Tax: 2822
Type of Sale: Normal
Value Range Pricing: no

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 R1055135

Joseph Rivellino

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

Data services provided by IDX Broker
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