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127-147 Liberty Pole Way 29 Unit Apartment Building $2,500,000 ($86,207/Unit) Rochester, NY 14604
Investment Highlights
- 29 Rented Units
- 3 highly visible first-floor retail spaces ideal for storefront businesses
- 7 professional suites for service-based businesses
- 19 Apartments
- 27 Leases
Executive Summary
Amazing investment opportunity: a fully updated 29-unit mixed-use property in the heart of downtown Rochester, offering strong income and diversified revenue streams. This rare asset includes 19 residential apartments (10 one-bedroom and 9 two-bedroom units), delivering consistent rental demand, along with three highly visible first-floor retail spaces ideal for storefront businesses seeking foot traffic and exposure. Additionally, a separate entrance leads to seven professional suites, perfectly suited for service-based businesses such as salons, massage therapy, boutique offices, or similar uses. Since its purchase in 2021, the property has undergone extensive permitted renovations and upgrades, including newer split systems for air conditioning, updated forced air systems, renovated kitchens and bathrooms, new flooring, lighting, fresh paint throughout, rebuilt balconies, and major improvements across all three storefronts. This turn-key asset offers the perfect blend of residential stability and commercial upside in a prime downtown location, making it an exceptional opportunity for investors seeking both immediate cash flow and long-term growth. Please note: one or more photos may be virtually staged.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 9 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 261400-106-800-0001-013-000-0000 | Improvements Assessment | $596,200 |
| Land Assessment | $71,000 | Total Assessment | $667,200 |
Property Taxes
Parcel Number
261400-106-800-0001-013-000-0000
Land Assessment
$71,000
Improvements Assessment
$596,200
Total Assessment
$667,200
Contacts
-
Robert Piazza-Palotto -
Larry Salvato -
High Falls Sotheby's International Realty
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