Strong investment opportunity in the Lyell/Otis area with steady cash flow and upside potential. This upper/lower duplex features a 3-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, both leased to long-term residents. Separate gas and electric meters allow for simplified management and reduced owner expenses. Current rents offer room to grow creating additional value-add potential over time. Existing CofO is valid through 2027 and will not transfer with the sale, hot water tanks (2014& 2016). Great opportunity for investors looking to expand their portfolio with an income-producing property.
Description: Strong investment opportunity in the Lyell/Otis area with steady cash flow and upside potential. This upper/lower duplex features a 3-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, both leased to long-term residents. Separate gas and electric meters allow for simplified management and reduced owner expenses. Current rents offer room to grow creating additional value-add potential over time. Existing CofO is valid through 2027 and will not transfer with the sale, hot water tanks (2014& 2016). Great opportunity for investors looking to expand their portfolio with an income-producing property.
Rent Includes: Gardener, SnowRemoval, Water
Road Frontage: CityStreet
Roof: Asphalt, Shingle
StateOrProvince: NY
Stories: 1
Street Name: Laurel
Street Number: 1
Street Number Numeric: 1
Street Suffix: Street
Total Taxes: 2853
Assessed Value: 79100
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1884
YearBuiltDetails: Existing
Zoning Description: Residential 2 Unit
Amenities and Features
Other Features
Basement Y/N 1
Fence
GasWaterHeater
Has Garage
Has Heating System
Map
Courtesy Of : Aqueduct Real Estate Corporation
585-471-5163
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.
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.
This property features a unique layout with multiple living areas, offering flexibility fo ...
This property features a unique layout with multiple living areas, offering flexibility for extended living arrangements and future possibilities. Experience a ...
Iconic Design, Bace Build Community - welcome to The Rockford! Located in the heart of his ...
Iconic Design, Bace Build Community - welcome to The Rockford! Located in the heart of historic Downtown Rochester within walking distance to the finest restaur ...