Pending

1768 Saint Paul Street

Rochester NY, 14621

$1,350,000


$95.08 per sqft

Pending

30 Beds

14,198 sqft

Other

Built in 1970

Introducing an exciting investment opportunity in Rochester, NY! 5 property package available of 31-units. This package includes one-bedroom and studio units, with some government-assisted tenants and third party pay in place. All units are on leases, ensuring stable income flow. The property gross potential rent is $25,201 per month, offering significant revenue potential. With a favorable cap rate, this investment opportunity is priced attractively at $1,350,000.

The property benefits from transferable or new Certificates of Occupancy, setting the stage for a seamless ownership transition.

Addresses are 1768 and 1780 Saint Paul which are 8 units each; 1751 Saint Paul is 4 units; 1771 is 6 units and 1779 is 5 units. 48 hours notice for showings please. Commercial Bank term sheet or/and POF requested before showings. Rent roll and expense information available on request.

R1554766

MLS ID

July 25, 2024

Listed

October 15, 2024

Updated

Map

1768 Saint Paul Street
Rochester NY, 14621

Interior Features

Total Stories

2


Bedrooms

30


Appliances

Appliances Negotiable, Gas Water Heater


Floor Description

Other, See Remarks


Fireplace

No


Cooling

Yes


Cooling Description

Other, See Remarks


Heating

Yes


Heating Description

Gas, Other, See Remarks

Exterior/Building Features

Lot Size

0.42 Acres


Exterior Features

Blacktop Driveway, See Remarks


Roof

Asphalt


Sewer

Connected

School Information

School District

Rochester

Other Property Details

Area Name

Rochester City-261400


Taxes

$44,000


Tax Frequency

Annually


Days on Market

35


Garage

No


Parking

No Driveway


View

No


County

Monroe


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

Listing History

Date

Event

Price

10/7/2024

Pending

9/3/2024

Under contract

 

Courtesy of Rich Realty, Mark J. Palazzo

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