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Street View
$349,900
7 Beds
- 5 Baths
4 full baths + 1 half bath
2,784sqft
75 Alexander St, Rochester, NY 14620
$349,900
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Multi Family
Built in 1920
$-- HOA
0.17 acre lot
$126/sq.ft
Description
Turnkey investment opportunity with a decade-long track record of zero vacancy. Currently rented as a combined unit at $3,850/month. $46,200 gross annual revenue with operating expenses of approximately $11,910/year and an NOI of $34,290, delivering a 9.8% cap rate at the $349,900 list price. New 12-month lease commences July 1st. Income begins immediately.
Major capital improvements already completed: all-new electrical service, meters, riser, and panels (2022); high-efficiency furnace - Downstairs Unit (2022); two new water heaters (2023); all-new exterior doors (2022); multiple new windows (2022). Reliable boiler in place - Upstairs Unit. Maintenance-free vinyl sid...
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1920
HOA Fees
-
Finished Area
2,784 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
R1687111
MLS Status
Pending
Days on Market
94
Cumulative Days on Market
3
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