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USANYRochesterMc Crackenville769 Lake Ave
769 Lake Ave, Home with 10 bedrooms, 0 bathrooms and null parking in Rochester NY | Image 1
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$429,900

769 Lake Ave, Rochester, NY

Real Estate

For Sale

$--,---,---
1000
  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 7022 sqft
Garage No
Maintenance Fees 
Taxes $11,664
Days Active 1
Approx. Age 1920
Avg. Price Per Sqft $61
MLS® Number R1610493

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Introducing 769 Lake Avenue, an investment opportunity in Rochester, NY. This charming 10-unit brick apartment building is all one-bedroom, one-bath apartments and a new boiler installed in 2023. With a total of 5, 286 square feet, this property presents a solid cash flow opportunity with all units currently leased to reliable tenants. The building's Certificate of Occupancy is valid until August 2026. Located in the bustling Edgerton neighborhood with a variety of amenities, this property offers a desirable rental income stream. The well-maintained units generate a total monthly rent of $6, 850. With a competitive price per square foot and a healthy Cap Rate, this investment promises a strong return. Benefit from the thriving rental market in Rochester, home to prestigious universities, prominent employers, and a diverse population. Don't miss out on this turnkey investment opportunity at 769 Lake Avenue. Rent Roll and Expense info available own request. Please allow 48 hours to schedule showings. Showings to be weekdays between 10am and 3pm. Proof of funds and proof of financing requested prior to scheduling showings.Show Description
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No Data
Walk Score®
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No Data
Transit Score®
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No Data
Bike Score®
MLS® NumberR1610493
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorSee Remarks
GarageNo
Approx. Age1920
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Other, See Remarks
A/COther, See Remarks
Heating Fuel

Extras

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