Neighborhood: Rochester City-261400, B B Staud Subn Town Lt
State: New York
Three bedrooms, one bath house. Formal dining and family room. Full basement with laundry. Enclosed porch. Convenient to downtown and expressways.
This property is being offered as part of a solid performing real estate investment portfolio based in the Rochester, NY market. The portfolio consists of 14 properties with 21 total units. Portfolio Properties: 123 Cady St; 25 Costar; 232 Alphonse St; 25 Wilkins St; 4 New York St; 73 Wilkins St; 711 Jay St; 58 Lisbon St; 68 Lisbon St; 276 Parsells Ave; 145 Remington St; 174 Remington St; 588 N Goodman St, 119 Woodbury. Total net operating income (NOI) of $118,641 and an overall cap rate at 7.4%. The properties are managed professionally, and everything is up to code. Ideally, the seller is seeking a buyer for the entire portfolio, but willing to sell these individually or as bundles of properties. Please allow at least 24 hours’ notice for all showings.