1041 Lake Avenue
Property Description
Another Rockin' Rochester Property! A standout investment opportunity featuring a stately historic brick building with timeless curb appeal and a commanding presence along Lake Avenue. This classic multifamily property showcases the enduring craftsmanship and architectural character that make Rochester's historic buildings so desirable. Large windows, solid masonry construction, and impressive period details create lasting tenant appeal while adding to the property's long-term value. Combining historic charm with strong income-producing potential, this is an excellent opportunity to add a distinctive asset to any investment portfolio. ELEVEN units, many rented to long term tenants. 8 one bdrms, 3 studios. Most rented to community organization tenants who guarantee a lease and rent for a year. Newer boiler, and new Certificate of Occupancy at closing! Gross rents of $117,900.
Broker Details
RE/MAX Realty Group (585) 248-0250
MLS ID: 3733 State License Number: 30BR1133356
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $795,000 |
| No. of Units: | 11 |
| Year Built: | 1900 |
| Lot Size: | 11,676.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $72,273 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 0 |
ID: 3yd-BNARNY-R1699860
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