770 Monroe Ave 768

Investment Opportunity available!

A prime investment opportunity at 770 Monroe Ave in Rochester's desirable Park Avenue neighborhood. This mixed-use property comprises six units: two commercial storefronts and four two-bedroom apartments.

The property has undergone significant renovations, including updates to the electrical and plumbing systems. All units are currently rented, providing a stable income stream. Notably, one of the commercial spaces houses a barbershop that has been a tenant for 35 years.

Additional features include separate utilities for each unit, new boilers as of 2019, and some new windows. A new Certificate of Occupancy is valid until 2028. The property generates an annual rent roll exceeding $70,000.

Prospective buyers are asked to provide a commercial bank term sheet and proof of funds before scheduling showings. Showings are available Monday through Friday, between 10 a.m. and 3 p.m., with a 48-hour notice for tenants.

P and L available on request.