366 Alexander Street Unit 366, Rochester, NY 14607

$625,000
5
BD
7,719
SqFt

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List Price
$625,000
Status
ACTIVE
MLS#
R1712878
Year Built
1900
Stories
3
Bedrooms
5
Number Of Units
7
Acres
0.23
Living Area
7,719
Subdivision
C M Laidlaw Resub
Region
Rochester City
Neighborhood
C M Laidlaw Resub

Property Description

Well-maintained 7-unit investment property near East Avenue and Alexander! Towards University Ave on the South side of Alexander. The main building features 4-1 bdrm, 2 studio units, six basement storage rooms, coin-operated laundry, and eight parking spaces. A detached carriage house offers an additional two-bedroom unit. Gross annual income is $80688, with rents currently below market and several long-term tenants. Annual expenses are $24769, resulting in an 8.9% cap rate. The contractor-owner has extensively improved and consistently maintained the property since 2009. Showings are BY APPOINTMENT ONLY in two group showings. Saturday, September 12, from 11:00 AM–12:30 PM and Sunday, September 13, from 11:00 AM–12:30 PM. Delayed negotiations until Tuesday, September 15, at 1:00 PM. Sq. Ft. includes both buildings.

Additional Information

Taxes
$12,021
Interior Features
Ceiling Fan(s), Intercom, Storage
Exterior Features
Blacktop Driveway, Deck, Fence
School District
Rochester
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Hunt Real Estate ERA/Columbus. Contact: 585-704-0749