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$179,900
6 Beds
2 Baths2 full baths
2,458sqft
586 Ridgeway Ave, Rochester, NY 14615
$179,900
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Duplex
Built in 1922
$-- HOA
0.12 acre lot
$73/sq.ft
Description
Introducing an exceptional investment opportunity in the heart of Rochester’s growing Maplewood/Summit Grove district: 586-588 Ridgeway Ave, a fully-rented duplex built in 1922 featuring two well-appointed 3-bedroom, 1-bath units. Boasting approximately 2,458 sq ft of living space, each unit includes its own dining room, living room, private attic and basement access — plus a detached 2-car garage on Aster Street offering tenant convenience and added value. Recent sale data supports the strong income potential and market appeal of this side-by-side offering. Gross annual rents of $34500, NOI of $28,527 gives an excellent Cap Rate of 15.85% and Cash-on-Cash Return of 63.39...
Continue Reading- Houzeo last checked: 14 Minutes ago
- Listing updated: December 3, 2025 at 5:48 pm
- Listing Provided by: Curtis Amesbury (585) 613-4606 DRE #10491209190, Sierra Adelina Mendes (585) 613-4606 DRE #10401384172 | Weichert Realtors - Lilac Properties (585) 613-4606
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: R1650217
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1922
HOA Fees
-
Finished Area
2,458 sqft
Lot Size
0.12 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
R1650217
MLS Status
Pending
Days on Market
25
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