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6 Beds 3 Baths R1540720 MLS
Investment opportunity awaits in this sizeable side-by-side duplex in Rochester's Lyell-Otis neighborhood. Each unit features 3 beds and a spacious layout with formal dining rooms, with one featuring 1 full-bath and the other offering 1.5 baths. Low maintenance vinyl siding as well as vinyl windows throughout! One unit sits vacant making any potential updates easy to get done quickly, while the other is currently on a month-to-month agreement for $900/mo. Ideal for investors seeking value-add potential or owner-occupiers looking to capitalize on rental income. The units are mirror images of each other, including their own walk-up attic space as well as separate basements with laundry hookups. ** If both units are rented at $900/unit, at the asking price, this property would = 11.9% cap rate. At HUD fair market rental rates, this property is closer to a 24% cap rate **

12 Warner Street, Rochester