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

Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor New 2 U Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings are marked with the IDX logo and include the Listing Broker’s Firm Name. 

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), New 2 U Homes, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

©2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Data last updated 3:28 AM UTC, 12/18/2024

Powered byLuxury Presence