772 Monroe Avenue 768 Rochester NY 14607 MLS #R1555777

772 Monroe Avenue 768
Rochester, NY, 14607
$559,000
4 Beds
0 Baths
7,980 SqFt
0.12 Acres
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$559,000
772 Monroe Avenue 768
Rochester, NY, 14607
Introducing an investment opportunity at 770 Monroe Ave, Rochester, NY 14607. This 6-unit mixed-use apartment building boasts 2 storefronts and 4 two bedroom apartments in the desirable Park Avenue neighborhood.

This property features recent renovations in 2019, including the addition of breakfast bars, closets, and upgrades to electrical and plumbing systems. All units are fully rented with strong rental histories, providing a stable income stream.

The property includes a barbershop that has been a longtime tenant for 35 years. With a brand-new Certificate of Occupancy valid until 2027, updated boilers and some new windows, this investment is primed for success.

Rent roll and expenses are available on request. $67,000+ rent roll. Separate utilities. Street parking available. Commercial Bank term sheet and POF requested before showings. 48 hours needed to schedule showings for Monday through Friday 10am to 3pm.

Property Details

Price:
$559,000
MLS #:
R1555777
Status:
Active
Beds:
4
Baths:
0
Address:
772 Monroe Avenue 768
Type:
Single Family
Subtype:
Commercial
Subdivision:
M Kondolf
Neighborhood:
Rochester City-261400
City:
Rochester
Listed Date:
Jul 30, 2024
State:
NY
Finished Sq Ft:
7,980
Total Sq Ft:
7,980
ZIP:
14607
Lot Size:
5,022 sqft / 0.12 acres (approx)
Year Built:
1920

Schools

School District:
Rochester

Interior

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

Exterior

Community Features
Other, See Remarks
Construction Materials
Brick
Parking Features
None, No Driveway
Roof
Flat

Financial

Net Operating Income
$45,940
Taxes
$9,060
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