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203 Sanford St - Student Housing 2,024 SF Specialty Building Offered at $350,000 at a 9.14% Cap Rate in Rochester, NY 14620
Investment Highlights
- Rochester student housing
- Student housing
- South Wedge investment property
Executive Summary
Welcome to 203 Sanford Street, a spacious South Wedge 5-bedroom, 2-bath residence currently being used as student housing.
Key features include:
Five full bedrooms, ideal for student house-sharing
Two full bathrooms
Three comfortable common areas for study, socializing, and relaxing
First-floor laundry (washer/dryer included)
Stainless steel kitchen appliances (refrigerator, stove, dishwasher)
Hardwood floors throughout, with ceramic tile in the kitchen
Covered front porch plus additional porch space (30?sq?ft + 114?sq?ft)
Private off-street parking with capacity for six vehicles
Heat, electric, water, trash removal included in rent
Cable ready, snow removal, maintenance services included
Close proximity: approx. 5 minutes to U of R, ~10 minutes to RIT/SJFU/Nazareth
Zoning allows for SFR use; currently operated and 100% rented as student housing
Key features include:
Five full bedrooms, ideal for student house-sharing
Two full bathrooms
Three comfortable common areas for study, socializing, and relaxing
First-floor laundry (washer/dryer included)
Stainless steel kitchen appliances (refrigerator, stove, dishwasher)
Hardwood floors throughout, with ceramic tile in the kitchen
Covered front porch plus additional porch space (30?sq?ft + 114?sq?ft)
Private off-street parking with capacity for six vehicles
Heat, electric, water, trash removal included in rent
Cable ready, snow removal, maintenance services included
Close proximity: approx. 5 minutes to U of R, ~10 minutes to RIT/SJFU/Nazareth
Zoning allows for SFR use; currently operated and 100% rented as student housing
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $350,000 | Building Class | C |
| Price Per SF | $172.92 | Lot Size | 0.22 AC |
| Sale Type | Investment or Owner User | Building Size | 2,024 SF |
| Cap Rate | 9.14% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1889 |
| Property Subtype | Residential Income | ||
| Zoning | R1 - residential zone | ||
| Price | $350,000 |
| Price Per SF | $172.92 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.14% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 2,024 SF |
| No. Stories | 2 |
| Year Built | 1889 |
| Zoning | R1 - residential zone |
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Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (92)
Property Taxes
| Parcel Number | 261400-121-710-0002-068-000-0000 | Total Assessment | $169,000 |
| Land Assessment | $16,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $152,800 | Tax Year | 2024 |
Property Taxes
Parcel Number
261400-121-710-0002-068-000-0000
Land Assessment
$16,200
Improvements Assessment
$152,800
Total Assessment
$169,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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203 Sanford St - Student Housing
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