CASH-FLOWING SIDE-BY-SIDE DUPLEX with a cap rate exceeding 10% as currently operated, plus additional upside potential. Both units are fully occupied, making this a strong addition to any investment portfolio from day one. Each unit offers 3 bedrooms and 1 full bathroom, with spacious layouts contributing to a total of 2,896 square feet. The property is separately metered and features individual basements with laundry hookups and ample storage, along with full attic spaces for even more flexibility.
A brand new Certificate of Occupancy will be provided prior to closing, offering added confidence and a smooth transition for the next owner. Located in Rochester’s Maplewood district, the property is conveniently situated near parks, shopping, dining, and major roadways. STRONG IN-PLACE INCOME, SOLID FUNDAMENTALS, AND ROOM TO GROW — this is the kind of opportunity that doesn’t last!
Description: CASH-FLOWING SIDE-BY-SIDE DUPLEX with a cap rate exceeding 10% as currently operated, plus additional upside potential. Both units are fully occupied, making this a strong addition to any investment portfolio from day one. Each unit offers 3 bedrooms and 1 full bathroom, with spacious layouts contributing to a total of 2, 896 square feet. The property is separately metered and features individual basements with laundry hookups and ample storage, along with full attic spaces for even more flexibility.
A brand new Certificate of Occupancy will be provided prior to closing, offering added confidence and a smooth transition for the next owner. Located in Rochester’s Maplewood district, the property is conveniently situated near parks, shopping, dining, and major roadways. STRONG IN-PLACE INCOME, SOLID FUNDAMENTALS, AND ROOM TO GROW — this is the kind of opportunity that doesn’t last!
Rent Includes: TrashCollection, Water
Road Frontage: CityStreet
Roof: Asphalt, Shingle
StateOrProvince: NY
Stories: 2
Street Name: Clay
Street Number: 156
Street Number Numeric: 156
Street Suffix: Avenue
Total Taxes: 4113
Assessed Value: 123300
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1920
YearBuiltDetails: Existing
Zoning Description: Residential 2 Unit
Amenities and Features
Other Features
Balcony
Basement Y/N 1
GasWaterHeater
Has Heating System
NaturalWoodwork
Map
Courtesy Of : NiKallen Real Estate LLC
585-270-8531
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