Pending
367 Genesee Street
Rochester NY, 14611
$600,000
$51.29 per sqft
Pending
7 Beds
11,698 sqft
Other
Built in 1910
This 7-unit multifamily property offers a fantastic investment opportunity. Each townhome-style apartment features 1,100 SF of living space, 3 bedrooms, and one bathroom. It also includes a full basement and attic for ample storage. The units come equipped with a refrigerator and stove, making them move-in ready for tenants.
All units have separate utilities paid by tenants, ensuring low operating expenses for the owner. With market rents averaging $1,400/month for similar 3-bedroom homes, the fully leased potential gross income (PGI) is $9,800/month. One unit is currently occupied, leaving six available to lease and capitalize on the income potential.
* Townhome Style Apartments
* Tenant Paid Utilities
* Basement Storage
* Located on a Bus Line
R1579683
MLSⓇ ID
December 2, 2024
Listed
December 18, 2024
Updated
Map
367 Genesee Street
Rochester NY, 14611
Interior Features
Total Stories
2
Bedrooms
7
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Floor Description
Hardwood, Laminate, Varies
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Corner Lot, Near Public Transit, Rectangular, Residential Lot
Roof
Asphalt
Sewer
Connected
School Information
School District
Rochester
Other Property Details
Area Name
Rochester City-261400
Taxes
$11,846
Tax Frequency
Annually
Days on Market
15
Garage
No
Parking
None, No Driveway, No Garage
View
No
County
Monroe
Municipality
Not Applicable
Water Source
Connected, Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/18/2024 | Pending | — |
Courtesy of eXp Realty, LLC, Michael Conroy
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Data last updated 3:28 AM UTC, 12/18/2024