$550,000
178 Genesee Street 174
Rochester, NY, 14611
Prime Development Opportunity: 13-Unit Commercial Building in Rochester’s 19th Ward
Discover a unique investment opportunity in Rochester’s thriving 19th Ward. This 13-unit commercial building, ideally situated in a rapidly evolving development zone, offers a blend of residential and commercial income potential. The property features 6 one-bedroom units, 4 two-bedroom units, and 3 commercial storefronts, each with its own separate utilities for efficient management. While the building requires some updates to maximize profitability, its strategic location and diverse unit mix present a compelling opportunity for investors seeking a solid return. A long-term tenant occupies the corner convenience store, providing a stable income stream. With nearby senior living development adding to the area’s appeal, this property offers immense potential for future growth and value appreciation. There will be 2 group showings on the property in the coming week. The first showing will be 10/12 from 11am to noon, 2nd showing is 10/15 from 3pm to 4pm Delayed negotiations till 10/16
Discover a unique investment opportunity in Rochester’s thriving 19th Ward. This 13-unit commercial building, ideally situated in a rapidly evolving development zone, offers a blend of residential and commercial income potential. The property features 6 one-bedroom units, 4 two-bedroom units, and 3 commercial storefronts, each with its own separate utilities for efficient management. While the building requires some updates to maximize profitability, its strategic location and diverse unit mix present a compelling opportunity for investors seeking a solid return. A long-term tenant occupies the corner convenience store, providing a stable income stream. With nearby senior living development adding to the area’s appeal, this property offers immense potential for future growth and value appreciation. There will be 2 group showings on the property in the coming week. The first showing will be 10/12 from 11am to noon, 2nd showing is 10/15 from 3pm to 4pm Delayed negotiations till 10/16
Property Details
Price:
$550,000
MLS #:
R1570854
Status:
Active
Beds:
10
Baths:
0
Address:
178 Genesee Street 174
Type:
Single Family
Subtype:
Commercial
Subdivision:
Marcilles
Neighborhood:
Rochester City-261400
City:
Rochester
Listed Date:
Oct 9, 2024
State:
NY
Finished Sq Ft:
14,136
Total Sq Ft:
14,136
ZIP:
14611
Lot Size:
4,092 sqft / 0.09 acres (approx)
Year Built:
1920
Schools
School District:
Rochester
Interior
Appliances
Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Flooring
Hardwood, Laminate, Tile, Varies
Heating
Gas, Forced Air
Exterior
Construction Materials
Brick, Copper Plumbing
Parking Features
None, No Driveway, No Garage
Roof
Flat, Membrane, Rubber
Financial
Taxes
$14,034
Malcom, is 28 years old, a father of two kids, very self driven and motivated to succeed for his family. He is a spiritual person with a very strong mind. Malcolm attended East High School located in Rochester, NY. He also went to MCC, Bryant and Stratton as well. He is an avid gamer. His PS4 gamer tag is KingofAllGodz585. Malcolm also loves to do any physical activities such as football, basketball, weight lifting etc. He is a very huge Greenbay Packer fan and Miami Heat fan as well as a big…
More About MalcolmMortgage Calculator
Map
Similar Listings Nearby
- 214 Cos Grande
Brighton, NY$710,000
3.43 miles away
- 220 Cos Grande
Brighton, NY$710,000
3.45 miles away
- 218 Cos Grande
Brighton, NY$690,000
3.44 miles away
- 208 Cos Grande Hts
Brighton, NY$610,000
3.41 miles away
- 219 Cos Grande Hts
Brighton, NY$599,900
3.46 miles away
- 217 Cos Grande Hts
Brighton, NY$589,900
3.46 miles away
- 1564 Mount Hope Avenue
Rochester, NY$569,000
2.05 miles away
- 67 Harper Street
Rochester, NY$524,900
2.31 miles away
- 320 Buffalo Road
Rochester, NY$450,000
1.22 miles away
Listing courtesy of WCI Realty,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-10-18.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-10-18.
178 Genesee Street 174
Rochester, NY
LIGHTBOX-IMAGES