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$1,150,000
8 Beds
- -- Bath
10,283sqft
41-45 Cornell St #41, Rochester, NY 14607
$1,150,000
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Multi Family
Built in 1900
$-- HOA
0.29 acre lot
$112/sq.ft
Description
This is an excellent investment property. A 6 unit and a 7 unit apartment building on he same lot with a 17 car parking lot and a 2 car garage. Fully rented with very good cash flow. The gross annual income is $168,720. Annual expenses including taxes are $59,404. That is a 9.5% cap rate. 45 Cornell has a roof thats 5 years old or less and 41 Cornell has 1/2 the roof thats 5 years or less, replacement windows. An outstanding value. The property can only be shown Mondays and Fridays between 2:30-4 and Saturdays ll:30-1pm. You must make an appointment. You cannot just show up at those times. Delayed negotiations until 3/31/26 at 2:30pm.
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
10,283 sqft
Lot Size
0.29 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
R1666195
MLS Status
Pending
Days on Market
76
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