$559,000
770 Monroe Avenue 768
Rochester, NY, 14607
Investment Opportunity available!
A prime investment opportunity at 770 Monroe Ave in Rochester’s desirable Park Avenue neighborhood. This mixed-use property comprises six units: two commercial storefronts and four two-bedroom apartments.
The property has undergone significant renovations, including the addition of breakfast bars and closets, as well as updates to the electrical and plumbing systems. All units are currently rented, providing a stable income stream. Notably, one of the commercial spaces houses a barbershop that has been a tenant for 35 years.
Additional features include separate utilities for each unit, all new boilers as of 2019, and some new windows. A new Certificate of Occupancy is valid until 2028. The property generates an annual rent roll exceeding $67,000.
Prospective buyers are asked to provide a commercial bank term sheet and proof of funds before scheduling showings. Showings are available Monday through Friday, between 10 a.m. and 3 p.m., with a 48-hour notice for tenants.
P and L available on request.
A prime investment opportunity at 770 Monroe Ave in Rochester’s desirable Park Avenue neighborhood. This mixed-use property comprises six units: two commercial storefronts and four two-bedroom apartments.
The property has undergone significant renovations, including the addition of breakfast bars and closets, as well as updates to the electrical and plumbing systems. All units are currently rented, providing a stable income stream. Notably, one of the commercial spaces houses a barbershop that has been a tenant for 35 years.
Additional features include separate utilities for each unit, all new boilers as of 2019, and some new windows. A new Certificate of Occupancy is valid until 2028. The property generates an annual rent roll exceeding $67,000.
Prospective buyers are asked to provide a commercial bank term sheet and proof of funds before scheduling showings. Showings are available Monday through Friday, between 10 a.m. and 3 p.m., with a 48-hour notice for tenants.
P and L available on request.
Property Details
Price:
$559,000
MLS #:
R1584786
Status:
Active
Beds:
4
Baths:
0
Address:
770 Monroe Avenue 768
Type:
Single Family
Subtype:
Commercial
Subdivision:
M Kondolf
Neighborhood:
Rochester City-261400
City:
Rochester
Listed Date:
Jan 16, 2025
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
Taxes
$8,990
Mortgage Calculator
Map
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Listing courtesy of Rich Realty,
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2025-01-29.
© 2025 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2025-01-29.
770 Monroe Avenue 768
Rochester, NY
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