865 Lake AVE, Rochester, NY 14613
865 Lake AVE, Rochester, NY 14613
865 Lake AVE, Rochester, NY 14613
Additional details
Jacqueline Davis

Jacqueline Davis

+1(585) 880-8362
$1,525,000
Est. payment /mo
19 Beds
17,600 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 17,600 sqft

Price per Sqft $86

Subdivision G W Mc Crackens

MLS Listing ID R1695874

Bedrooms 19

Construction Status Existing

HOA Y/N No

Year Built 1935

Annual Tax Amount $26,194

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50X128

Property Sub-Type Other

Property Description

Another Rockin' Rochester Property! Attention investors! This solid brick NINETEEN unit apartment building features all 1 bdrm units (rents averaging $1091/mo) and is the definition of a turn-key, cash flowing asset. Comes with a new Certificate of Occupancy at closing. 100% occupied- offering immediate, reliable income from day one. Even better, most tenants rebts are paid through organizations that provide guaranteed rental payments, delivering consistent cash flow and reduced collection concerns. Thoughtfully maintained with numerous efficiency upgrades including all new windows, energy efficient lighting and a boiler equipped with Tekmar controls for improved heating performance and lower operating costs. Hardwood flooring, luxury vinyl plank flooring, plenty of off street parking, kitchens and baths updated. Convenient access to downtown, public transportation, shopping, restaurants, parks, Maplewood Rose Garden and Ontario Beach Park. This one checks all the boxes with strong occupancy, quality improvements and a great rental income with a $248k gross income!

Location

State NY

County Monroe

Community G W Mc Crackens

Area Rochester City-261400

Direction Lake Ave between Driving Park Ave and Selye Terrace

Rooms

Basement Full, Partially Finished

Interior

Interior Features Natural Woodwork

Heating Gas, Hot Water

Flooring Hardwood, Luxury Vinyl, Varies

Fireplace No

Window Features Thermal Windows

Appliance Gas Water Heater, Refrigerator

Exterior

Exterior Feature Blacktop Driveway

Community Features None

Utilities Available Cable Available, Sewer Connected, Water Connected

Roof Type Flat

Garage No

Building

Lot Description Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Brick,Copper Plumbing,PEX Plumbing

Construction Status Existing

Schools

School District Rochester

Others

Tax ID 261400-090-830-0001-019-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
Listed by RE/MAX Realty Group

Nearby School & Business

Get More Information

Jacqueline Davis

Jacqueline Davis

+1(585) 880-8362

Licensed Real Estate Salesperson | License ID: 10401329623

Licensed Real Estate Salesperson License ID: 10401329623

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Revolution Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.