Rochester, NY 14613,1115 Lake AVE

$205,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,417 SqFt


SOLD DATE : 12/17/2020

Key Details

Sold Price $205,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,417 sqft

Price per Sqft $31

Subdivision Chas J Burke

MLS Listing ID R1279506

Sold Date 12/17/20

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $8,163

Lot Size 10,367 Sqft

Acres 0.238

Lot Dimensions 55X185

Property Sub-Type Commercial

Property Description

Remarkable Investment with gross income $42,000 annually At this price it is under $36k a door!! Lots of the original Victorian charm is there. 6 Apartments are professionally well maintained. C of O is transferable. Apartment #1--$750, #2--$500, #3--$575, #4--$625, #5--$500, #6--$500. Each apartment pays their own electric. New boiler in 2016. Newer hot water heater in 2016. Exterior painted in 2016. Newer fasia, some gutters and siding in 2015. New roof in 2014. Rebuilt chimney in 2014. You have got to see this amazing solid property. Double digit cap rate! Garage rents for an extra $50 a month

Location

State NY

County Monroe

Community Chas J Burke

Area Rochester City-261400

Direction Right on Lake Ave.

Rooms

Basement Full

Interior

Interior Features Natural Woodwork

Heating Gas, Baseboard, Hot Water

Flooring Carpet, Varies

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Exterior

Exterior Feature Blacktop Driveway

Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt

Building

Lot Description Irregular Lot, Near Public Transit

Sewer Connected

Water Connected, Public

Structure Type Brick,Wood Siding,Copper Plumbing

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-090-670-0003-015-000-0000

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Howard Hanna
Bought with Keller Williams Realty Greater Rochester
agent-avatar

+1(607) 203-0683

matt@warrenhomes.com

830 Hanshaw Rd., Ithaca, NY, 14850, United States

GET MORE INFORMATION

Name
Phone*
Message