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314 Park Avenue, Rochester, 14607
ML Number: R1714111
List Price: $1,100,000
Description
Excellent investment opportunity in Rochester’s highly desirable Park Avenue neighborhood! This unique 7-unit property features seven spacious 3-bedroom apartments, offering an attractive unit mix in a prime rental location. Two units feature 1.5 baths, with the remaining five offering 1 full bath. Each apartment also includes its own full basement and full walk-up unfinished attic, providing exceptional storage space. The property contains approximately 9,730 square feet and generates scheduled gross rents of $141,216 annually when fully occupied. Tenants pay their own gas and electric utilities; owner pays water. Current Certificate of Occupancy valid through 12/11/2028. Six units are currently occupied with leases in place and one unit is available for immediate rental, providing an opportunity for a new owner to place a tenant at current market rent. Offered at $1,100,000. A rare opportunity to acquire seven 3-bedroom units in the heart of the Park Avenue neighborhood.
Aerial View of this Location
| Property Type: | 5 + Unit Apartments |
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| Bedrooms: | 7 |
| Full Bath(s): | |
| Half Bath(s): | |
| Living Area (SqFt): | 9,730 |
| Lot Size (Acres): | 0.2100 |
| Garage Spaces: | |
| Year Built: | 1900 |
| Address: | 314 Park Avenue |
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| City: | Rochester |
| County: | Monroe |
| State: | NY |
| Zip Code: | 14607 |
| School District: | Rochester |
| List Price: | $1,100,000 |
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| Assessed Value: | $0 |
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Property Features
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| On Waterfront: | No |
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| # Fireplaces: | 7 |
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Listing courtesy of Tickle Realty, LLC.
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