221 S Goodman Street, Rochester, NY 14607

Property Description

Park Avenue Investment Opportunity — Fully Rented 7-Unit Property For those waiting for an opportunity in the highly desirable Park Avenue neighborhood, this may be the one! This well-maintained 7-unit property is fully rented with leases in place and offers excellent off-street parking. The property consists of six apartments in the main building and one apartment in the charming carriage house. Current annual gross rental income exceeds $102,000. Operating expenses include: Taxes: $14,415; Insurance: $3,276; Utilities: $8,712; Water: $1,221; Refuse: $1,912. A strong opportunity for an investor seeking an established, income-producing property in one of the area's most sought-after neighborhoods. Please allow 48 hours' notice for all showings. Proof of funds and a bank term sheet for financing from a commercial lender are required prior to scheduling a showing.