301 Central Avenue, Rochester, 14605
ML Number: R1479588
List Price: $1,725,000
Description
Welcoming the Masterfully Redeveloped Central Ave Lofts Building to the market. This completely renovated 14 Unit Mixed-Use Property Offers (12) Turnkey Apartments, and (2) Retail Storefronts. The building showcases all new HVAC, Plumbing, Energy Efficient Windows, Water Service (domestic & fully sprinklered), Electric Service, & Common Areas. The apartments sport generous 10 foot ceilings, exposed brick accent walls, brand new flooring, tiled kitchen and restrooms, stainless steel appliances, secured keyless entry, In-unit washer/dryer, granite countertops, and more. The developer spared no costs in bringing this building back online for the Rochester housing market. Located directly off the city’s inter-loop and close to all downtown amenities, business, and employers. Full occupancy, stabilized with recent long term market rate leases. Enjoy a 1.30% Debt Service Coverage Ratio on financing at a 7.25% cap upon entry. Inquire today for more.
Aerial View of this Location
| Property Type: | Commercial/Industrial |
|---|---|
| Living Area (SqFt): | 13,590 |
| Lot Size (Acres): | 0.1000 |
| Garage Spaces: | |
| Year Built: | 1885 |
| Lot Frontage: | 45 |
| Lot Depth: | 120 |
| Address: | 301 Central Avenue |
|---|---|
| City: | Rochester |
| County: | Monroe |
| State: | NY |
| Zip Code: | 14605 |
| School District: | Rochester |
| List Price: | $1,725,000 |
|---|---|
| Assessed Value: | $141,300 |
| Tax id: | 261400-106-710-0001-004-003-0000 |
| Annual Taxes: | $6,911 |
| City/Village Tax: | $5,358 |
| Town/County Tax: | $1,553 |
Property Features
| Lot Information: | |
|---|---|
| On Waterfront: | No |
| Building Style: | |
| Construction: | |
| Fuel Type: | Gas |
| HVAC: | AC-Central, Forced Air |
| Basement: | |
| Garage Type: | |
| Driveway: | |
| Exterior Features: | |
| Attic: | |
| Water Resource: | |
| Water Heater: | |
| Sewer: | |
| # Rooms: | |
| Additional Rooms: | |
| Floors: | |
| Interior Features: | |
| # Fireplaces: | 0 |
| Kitchen Appliances: |
Listing courtesy of NORCHAR, LLC.
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