225 Nichols Street, Rochester, NY 14609

Property Description

Calling all investors and owner-occupants! Don't miss this opportunity to own a well-maintained up-and-down duplex in Rochester's desirable 14609 neighborhood. The first-floor unit offers 2 spacious bedrooms, 1 full bathroom, a bright eat-in kitchen, a generously sized living room, and a fully enclosed front porch. Upstairs features a comfortable 1-bedroom, 1-bath apartment with a finished bonus attic space, providing added flexibility for storage, a home office, or additional living space. Both units are occupied by long-term month-to-month tenants, currently generating $1,700 per month in gross rental income, with strong upside potential to approximately $2,500 per month at current market rents. Major improvements include fresh exterior paint (2025), two furnaces replaced in 2021, and hot water tanks installed in 2011 and 2013. The property also features separate utilities, an extended driveway, and a 2.5-car garage. A transferable Certificate of Occupancy will be provided at closing for added peace of mind. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers excellent income potential, value-add opportunities, and room to build equity. Delayed negotiations begin Tuesday, July 21st at 5:00 PM.