164-166 Millbank Street, Rochester

Description

Fantastic investment opportunity within steps of Brooks Landing! Side by side 2 family home offering 3 bedrooms and 1.5 baths in each unit (6 beds, 2.2 baths). Separate gas, electric, basements with on site laundry for each side, and walk up attics providing additional storage for each unit. Updated roof, boilers, and water heaters. 2 car detached garage. Property is being sold fully furnished, making it a true turnkey investment.
Currently, 5 of the 6 bedrooms are rented individually on month to month leases, primarily to U of R nurses. Five bedrooms rent for $650 per month each, with one bedroom renting for $450 per month, generating a total gross monthly income of $3,700. One of the $650 bedrooms has become vacant and will remain vacant through the sale, providing flexibility for the new owner.
Even though there are separate gas and electric meters, the current rents include utilities, with gas and electric averaging approximately $250 per month and cable/internet approximately $75 per month.
Group showings will be scheduled. Contact your agent today for available showing times and registration.
Delay of negotiations until Thursday 8/27/26 at 6pm.