492 Monroe Avenue 490 Rochester NY 14607 MLS #R1599681

492 Monroe Avenue 490
Rochester, NY, 14607
$549,990
Beds
0 Baths
7,308 SqFt
0.09 Acres
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$549,990
492 Monroe Avenue 490
Rochester, NY, 14607
Mixed Use Gem on Monroe – Hit the jackpot with this mixed-use property located at 490 Avenue in the coveted Park Avenue neighborhood of Rochester, NY 14607. 6 units with 4 apartments and 2 stores. Built-in 1920, with extensive renovations since. Separate utilities with all-cash paying tenants. Prime location. This property is perfect for investors looking to capitalize on the vibrant Rochester market. Don’t miss this lucrative investment opportunity in one of Rochester’s most sought-after neighborhoods! Can be packaged with 484 Monroe. Cap rate advertised does NOT include Management or vacancy. Need 48 hours for showings to notify tenants. Showings weekdays 10am to 3pm. P&L and Rent roll available on request.

Property Details

Price:
$549,990
MLS #:
R1599681
Status:
Active
Beds:
0
Baths:
0
Address:
492 Monroe Avenue 490
Type:
Single Family
Subtype:
Commercial
Subdivision:
L & H E Boardman Subn
Neighborhood:
Rochester City-261400
City:
Rochester
Listed Date:
Apr 14, 2025
State:
NY
Finished Sq Ft:
7,308
Total Sq Ft:
7,308
ZIP:
14607
Lot Size:
3,871 sqft / 0.09 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
No Driveway, No Garage
Roof
Other, See Remarks

Financial

Net Operating Income
$69,305
Taxes
$8,875
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