Investment Opportunity – 1580 St. Paul Street, Rochester, NY
Great opportunity to add a 6-unit income-producing property to your portfolio! This property offers a desirable mix of spacious 1-bedroom and 3-bedroom units, with a combination of occupied apartments and vacant units providing flexibility for a new owner.
Based on current and most recent rents, the property has a potential gross rental income of $6,320 per month / $75,840 annually when fully occupied.
With four 3-bedroom units and two 1-bedroom units, this property offers strong rental potential and an opportunity for an investor to lease the vacant units and increase income immediately. Convenient Rochester location with access to nearby shopping, transportation, and amenities.
A great option for an investor looking for a multi-unit property with existing income and additional upside. Don’t miss the opportunity to add this property to your portfolio!
Lot Features: CornerLot, NearPublicTransit, Rectangular, RectangularLot
Acres: 0.1984
Lot Acres: 0.1984
Lot Dimensions: 90X95
Middle School District: Rochester
Status: Active
Operating Expense Includes: Other, SeeRemarks
Photos: 23
Possession: CloseOfEscrow
Postal City: Rochester
Zip Code: 14621
Description: Investment Opportunity – 1580 St. Paul Street, Rochester, NY
Great opportunity to add a 6-unit income-producing property to your portfolio! This property offers a desirable mix of spacious 1-bedroom and 3-bedroom units, with a combination of occupied apartments and vacant units providing flexibility for a new owner.
Current/recent rental breakdown:
• Apt 1 – 1 Bedroom – $795/month
• Apt 2 – 3 Bedroom – $1, 145/month
• Apt 3 – 1 Bedroom – Vacant, recently rented at $795/month
• Apt 4 – 3 Bedroom – Vacant, recently rented at $1, 195/month
• Apt 5 – 3 Bedroom – Vacant, recently rented at $1, 195/month
• 7 Beach – 3 Bedroom – $1, 195/month
Based on current and most recent rents, the property has a potential gross rental income of $6, 320 per month / $75, 840 annually when fully occupied.
With four 3-bedroom units and two 1-bedroom units, this property offers strong rental potential and an opportunity for an investor to lease the vacant units and increase income immediately. Convenient Rochester location with access to nearby shopping, transportation, and amenities.
A great option for an investor looking for a multi-unit property with existing income and additional upside. Don’t miss the opportunity to add this property to your portfolio!
Rent Includes: TrashCollection, Water
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Name: Saint Paul
Street Number: 1586
Street Number Numeric: 1586
Street Suffix: Street
Total Taxes: 8962
Assessed Value: 165000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1926
YearBuiltDetails: Existing
Amenities and Features
Other Features
Basement Y/N 1
BlacktopDriveway
GasWaterHeater
Has Heating System
Map
Courtesy Of : One Seven Realty Inc
585-369-4570
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All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.
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