Remarks

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

Details

MLS#: R1579683
Price: $600,000

Style: Commercial
Bedrooms: 7
Sq Ft: 11698
Year Built: 1910

County: Monroe
Subdivision: Genesee Street Co-operati
Lot Size: 40X150
Tax Fee: 11846

School District: Rochester