
Description
Opportunity is knocking with this rarely available package of 62 units in the heart of Rochester. 32 parcels offer a mix of single(3), double(28), and 3 family(1) properties that comprise a total of 62 units. Double-digit CAP rate!!! Over $540,000 in gross revenue currently with room to increase revenue with renovations. Exceeds the 1% rule for those looking for that qualification. A few units are ready for renovations which allow for additional equity. Addresses include 130-132 Ackerman, 6 Athens, 109 Avenue B, 142 Avenue B,197-199 Avenue D, 96-98 Campbell, 113 Campbell, 1548 E. Main, 167-169 Frost, 143-145 Frost, 29 Harris, 40 Harris, 82 Harris, 87 Harris, 26 High, 621-623 Jefferson, 25 Lewis, 104 Lil, 134 Norton, 62-62.5 Ontario, 85 Radio, 57 Rialto, 158 Roycroft, 1615-1617 Saint Paul, 48-50 Watkin, 70-72 Watkin, 58-60 Warehouse, 23-25 Weaver, 30 Weaver, 49-51 Weaver, 67 Wilkins.
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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1,545SQFT
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$1,359$/SQFT
Description
Opportunity is knocking with this rarely available package of 62 units in the heart of Rochester. 32 parcels offer a mix of single(3), double(28), and 3 family(1) properties that comprise a total of 62 units. Double-digit CAP rate!!! Over $540,000 in gross revenue currently with room to increase revenue with renovations. Exceeds the 1% rule for those looking for that qualification. A few units are ready for renovations which allow for additional equity. Addresses include 130-132 Ackerman, 6 Athens, 109 Avenue B, 142 Avenue B,197-199 Avenue D, 96-98 Campbell, 113 Campbell, 1548 E. Main, 167-169 Frost, 143-145 Frost, 29 Harris, 40 Harris, 82 Harris, 87 Harris, 26 High, 621-623 Jefferson, 25 Lewis, 104 Lil, 134 Norton, 62-62.5 Ontario, 85 Radio, 57 Rialto, 158 Roycroft, 1615-1617 Saint Paul, 48-50 Watkin, 70-72 Watkin, 58-60 Warehouse, 23-25 Weaver, 30 Weaver, 49-51 Weaver, 67 Wilkins.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than TLC Real Estate LLC are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2022-05-28T11:14:18.883.