Another Rockin’ Rochester Property! Attention investors! 147 Parkdale Terrace is an impressive 8-unit property offering six studio apartments and two one-bedroom apartments, with a gross annual rental income of $89,172. This stately building showcases gorgeous original details, including a splendid staircase, gracious foyer and striking front entrance. Major improvements include a new state-of-the-art boiler system and updated electrical. Additional conveniences include coin-operated laundry and a two-car garage. Certificate of Occupancy good until 2028. A rare opportunity to own an income-producing property that beautifully blends historic character with valuable modern updates! Several tenant rents paid by organizations that guarantee rent and lease terms. The first group showing will be on Wednesday, September 23rd at 11:00am.
Lot Features: IrregularLot, NearPublicTransit, ResidentialLot
Acres: 0.19
Lot Acres: 0.19
Lot Dimensions: 115X74
Middle School District: Rochester
Status: Active
Net Operating Income: 49835
Operating Expense: 29283
Operating Expense Includes: Other, SeeRemarks
Photos: 27
Possession: CloseOfEscrow, SubjectToTenantRights
Postal City: Rochester
Zip Code: 14615
Description: Another Rockin' Rochester Property! Attention investors! 147 Parkdale Terrace is an impressive 8-unit property offering six studio apartments and two one-bedroom apartments, with a gross annual rental income of $89, 172. This stately building showcases gorgeous original details, including a splendid staircase, gracious foyer and striking front entrance. Major improvements include a new state-of-the-art boiler system and updated electrical. Additional conveniences include coin-operated laundry and a two-car garage. Certificate of Occupancy good until 2028. A rare opportunity to own an income-producing property that beautifully blends historic character with valuable modern updates! Several tenant rents paid by organizations that guarantee rent and lease terms. The first group showing will be on Wednesday, September 23rd at 11:00am.
Rent Includes: Electricity, Heat, HotWater, TrashCollection, Water
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