Historical Multifamily Sale Listing - Excellent Income Property

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Excellent Income Property

968-970 S. Clinton Ave., Rochester, NY 14620

N/A

4 Units | Multifamily

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Exterior Front (Exterior Improvements '07)

Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
3,587 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10%
Occupancy:
100%
No. Stories:
2
Year Built:
1910
Lot Size:
0.08 AC
Parking Ratio:
0.75 / 1,000 SF
Listing ID
17922127
Last Updated
over 1 year ago

Highlights

  • 10 Cap
  • 100% Occupied

Description

Excellent Investment Property! Well maintained, money maker located in the up-and-coming Swillburg neighborhood (across from the Cinema Theater). Fully rented, multi-use building (retail space with 3 apartments) with many updates. Low maintenance, minimal operating expense and great tenants. All separate utilities. Apartment rents could be higher, giving upside to buyer. Tattoo shop has new lease ending Dec. 2015. One parking space per apartment.

Contact Chuck Maloy for information. Income/Expenses available upon request. Please do not bother tenants, 24-48 hrs notice to show.

From I-490 take South Goodman St. exit. Head south towards Highland Park. Turn left onto S. Clinton Ave. Property on left between the Highland Diner and Jaques St.

Map of 968-970 S. Clinton Ave., Rochester, NY 14620 (Monroe County)

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Created 11/19/2012