Remarks

Prime Development Opportunity: 13-Unit Commercial Building in Rochester's 19th Ward

Discover a unique investment opportunity in Rochester's thriving 19th Ward. This 13-unit commercial building, ideally situated in a rapidly evolving development zone, offers a blend of residential and commercial income potential. The property features 6 one-bedroom units, 4 two-bedroom units, and 3 commercial storefronts, each with its own separate utilities for efficient management. While the building requires some updates to maximize profitability, its strategic location and diverse unit mix present a compelling opportunity for investors seeking a solid return. A long-term tenant occupies the corner convenience store, providing a stable income stream. With nearby senior living development adding to the area's appeal, this property offers immense potential for future growth and value appreciation. There will be 2 group showings on the property in the coming week. The first showing will be 10/12 from 11am to noon, 2nd showing is 10/15 from 3pm to 4pm Delayed negotiations till 10/16

Details

MLS#: R1570854
Price: $550,000

Style: Commercial
Bedrooms: 10
Sq Ft: 14136
Year Built: 1920

County: Monroe
Subdivision: Marcilles
Lot Size: 62X66
Tax Fee: 14034

School District: Rochester