204 Fairgate Street, Rochester, NY 14606

Property Description

Investor alert! Three City of Rochester properties offered together: a fully occupied 3-family and two single family homes, all with tenants in place and income from day one. 204 Fairgate St is a 3-unit, 100% occupied, grossing $1,937/month. All three rents are below market, leaving room to raise each by a few hundred dollars a month. 409 Hague St is a single family rented at $940/month. 22 Michigan St is a single family rented at $785/month. Current gross is $3,662/month ($43,944/year) with clear upside through rent increases and hands-on management. All properties will be sold as-is. Properties must be purchased together. Tenant occupied. 48-hour notice preferred, 24-hour minimum, for all showings. Please allow time for tenant/PM coordination. Please do not disturb tenants.