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366 Alexander Street #366, Rochester, 14607
ML Number: R1712878
List Price: $625,000
Description
Well-maintained 7-unit investment property near East Avenue and Alexander! Towards University Ave on the South side of Alexander. The main building features 4-1 bdrm, 2 studio units, six basement storage rooms, coin-operated laundry, and eight parking spaces. A detached carriage house offers an additional two-bedroom unit. Gross annual income is $80688, with rents currently below market and several long-term tenants. Annual expenses are $24769, resulting in an 8.9% cap rate. The contractor-owner has extensively improved and consistently maintained the property since 2009. Showings are BY APPOINTMENT ONLY in two group showings. Saturday, September 12, from 11:00 AM–12:30 PM and Sunday, September 13, from 11:00 AM–12:30 PM. Delayed negotiations until Tuesday, September 15, at 1:00 PM. Sq. Ft. includes both buildings.
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Aerial View of this Location
| Property Type: | 5 + Unit Apartments |
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| Bedrooms: | 5 |
| Full Bath(s): | |
| Half Bath(s): | |
| Living Area (SqFt): | 7,719 |
| Lot Size (Acres): | 0.2344 |
| Garage Spaces: | |
| Year Built: | 1900 |
| Address: | 366 Alexander Street #366 |
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| City: | Rochester |
| County: | Monroe |
| State: | NY |
| Zip Code: | 14607 |
| School District: | Rochester |
| List Price: | $625,000 |
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| Assessed Value: | $0 |
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| On Waterfront: | No |
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| # Fireplaces: | 0 |
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Listing courtesy of Hunt Real Estate ERA/Columbus.
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