1768 Saint Paul Street Rochester NY 14621 MLS #R1554766

1768 Saint Paul Street
Rochester, NY, 14621
$1,350,000
30 Beds
0 Baths
14,198 SqFt
0.42 Acres
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$1,350,000
1768 Saint Paul Street
Rochester, NY, 14621
Introducing an exciting investment opportunity in Rochester, NY! 5 property package available of 31-units. This package includes one-bedroom and studio units, with some government-assisted tenants and third party pay in place. All units are on leases, ensuring stable income flow. The property gross potential rent is $25,201 per month, offering significant revenue potential. With a favorable cap rate, this investment opportunity is priced attractively at $1,350,000.

The property benefits from transferable or new Certificates of Occupancy, setting the stage for a seamless ownership transition.

Addresses are 1768 and 1780 Saint Paul which are 8 units each; 1751 Saint Paul is 4 units; 1771 is 6 units and 1779 is 5 units. 48 hours notice for showings please. Commercial Bank term sheet or/and POF requested before showings. Rent roll and expense information available on request.

Property Details

Price:
$1,350,000
MLS #:
R1554766
Status:
ActiveUnderContract
Beds:
30
Baths:
0
Address:
1768 Saint Paul Street
Type:
Single Family
Subtype:
Other
Subdivision:
Landing Tr
City:
Rochester
Listed Date:
Jul 25, 2024
State:
NY
Finished Sq Ft:
14,198
Total Sq Ft:
14,198
ZIP:
14621
Lot Size:
18,216 sqft / 0.42 acres (approx)
Year Built:
1970

Schools

School District:
Rochester

Interior

Appliances
Appliances Negotiable, Gas Water Heater
Cooling
Other, See Remarks
Flooring
Other, See Remarks
Heating
Gas, Other, See Remarks

Exterior

Community Features
Other, See Remarks
Construction Materials
Brick, Cedar
Exterior Features
Blacktop Driveway, See Remarks
Parking Features
No Driveway
Roof
Asphalt

Financial

Net Operating Income
$98,412
Taxes
$44,000
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Born and raised in the Rochester community, Chris brings a unique and diverse background. She has lived in several different communities in the Rochester area including East Irondequoit, Rochester City, Penfield, Henrietta and Pittsford. She and her husband Christopher currently reside in Pittsford with their two children Hannah and Justin. Following a ten year career with the YMCA of Greater Rochester as a senior program director, Chris transitioned to a career in real estate. Chris immediatel…

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