Introducing an exciting investment opportunity in Rochester, NY! 5 property package available of 31-units. This package includes one-bedroom and studio units, with some government-assisted tenants and third party pay in place. All units are on leases, ensuring stable income flow. The property gross potential rent is $25,201 per month, offering significant revenue potential. With a favorable cap rate, this investment opportunity is priced attractively at $1,350,000.
The property benefits from transferable or new Certificates of Occupancy, setting the stage for a seamless ownership transition.
Addresses are 1768 and 1780 Saint Paul which are 8 units each; 1751 Saint Paul is 4 units; 1771 is 6 units and 1779 is 5 units. 48 hours notice for showings please. Commercial Bank term sheet or/and POF requested before showings. Rent roll and expense information available on request.
14,198 Sq Ft
0.4182 Private Acres Exterior Space
Investment
$44,000 Annual Tax
Built in 1970
MLS/Listing ID R1554766
2 Stories
31 Units
MARK J. PALAZZO - 585-259-4050
Source of Data: NEW YORK STATE MLS