115 Rutgers St Street, Rochester

Description

BRAND NEW TO THE MARKET!! Situated in the heart of Rochester’s premier Park Avenue neighborhood, this stately 1890s three-family residence is the rare “unicorn” property that combines high-end architectural character with a completely modernized 2026 infrastructure. Whether you are looking for an owner occupied opportunity or a stabilized addition to a high-yield portfolio, this property is turnkey and future-proofed. Unlike other historic homes in the area, 115 Rutgers has been meticulously updated to 2026 standards: 4 new electric panels and meters (2024) and 4 new gas meters (2025). New main water line installed in 2025. New roof replacement in 2018. Separate utilities for all units including a dedicated 4th meter handles all common areas and the shared laundry, allowing for effortless expense tracking. Vinyl siding & replacement windows keep it energy efficient and low maintenance. Transferable Certificate of Occupancy (C of O) valid through August 2027. Step inside the front door and enter the vestibule leading into the oversized foyer adorned with beautiful, original oak molding and staircase. On the main floor, unit 1 (2-BR): features original oak moldings, and curved glass windows. Currently stabilized with a reliable lease through April 2027. Upstairs you will find the remaining 2 apartments. Unit 2 (1-BR): Available August 1, 2026. Perfect timing to capture peak summer rental rates. Unit 3 (1-BR): Month-to-month and available August 1, 2026 offering ultimate flexibility for a new owner-occupant or a market-rate refresh. Amenities include shared basement laundry along with plenty of storage and a rare detached two-car garage and additional off-street parking providing a total of 4 parking spots. And best of all: The Location!! Unbeatable walkability. Steps from the cafes, boutiques, and nightlife of Park Avenue, and minutes from the cultural hub of Monroe Avenue, the expressways and shopping! Showings by appointment only begin Friday, May 8th at 1pm-2:30pm. Additional appointments available: Saturday, 5/9 @ 12pm-1pm, Monday, 5/11 @ 4pm-5:30pm, and Tuesday, 5/12 @ 1pm-2:30pm. Offer negotiations to begin after 4pm on Wednesday, 5/13.