257 Lake Avenue, Rochester

$ 299,995

Overview

  • Updated On:
  • August 17, 2026
  • 5,660.00 ft2 Interior
  • 3 Bedrooms
  • 0.15 ac Acres

Description

Exceptional 5-unit investment opportunity in the City of Rochester! This fully tenant-occupied property features long-term tenants, providing immediate rental income from day one. Property offers 2 Studio apartments, 1 1-bedroom apartment, and 2 2-bedroom apartments . Each unit has been updated over time (see attached update sheet for details), offering a well-maintained asset with strong investment appeal. Additional features include off-street parking and a convenient location close to shopping, restaurants, public transportation, and major expressways. Whether you’re looking to expand your portfolio or make your next multifamily acquisition, this property is one you won’t want to miss. Property is part of a larger portfolio, with additional investment opportunities available individually or as a package. We request that all interested parties respect the tenants, not disturb or approach them, and limit any drive-bys to viewing the property from the street only. Please contact list agent with all questions, thank you!

Property Location

Street: 257 Lake Avenue
Tax Area: Rochester City
County:
Postal City: Rochester
State: NY
Zip: 14608
School District: Rochester
Waterfront Y/N: No
HOA Y/N: No

Property Details

Property Id: 1193954
Price: $ 299,995
Property Size: 5,660.00 ft2
Property Lot Size: 0.15 ac
Bedrooms: 3
Waterfront Y/N: No
Basement: Full
Bedrooms Total: 3
Building Sq Ft Total: 5660
Community Features: None
Electric: CircuitBreakers, Fuses
Elementary School District: Rochester
Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
Gross Income: 39408
Heating: Electric, HotWater
High School District: Rochester
Latitude: 43.169133
Laundry Features: CommonArea
List Office Name: Rise Real Estate Services LLC
List Office Phone: 585-746-4153
List Price: 299995
Listing Id: R1701246
Living Sq Ft: 5660
Longitude: -77.627131
Lot Features: CornerLot, NearPublicTransit, Rectangular, RectangularLot
Acres: 0.1456
Lot Acres: 0.1456
Lot Dimensions: 48X132
Middle School District: Rochester
Status: Active
Operating Expense Includes: Electric, Insurance, Maintenance, WaterSewer
Photos: 8
Possession: CloseOfEscrow
Postal City: Rochester
Zip Code: 14608
Description: Exceptional 5-unit investment opportunity in the City of Rochester! This fully tenant-occupied property features long-term tenants, providing immediate rental income from day one. Property offers 2 Studio apartments, 1 1-bedroom apartment, and 2 2-bedroom apartments . Each unit has been updated over time (see attached update sheet for details), offering a well-maintained asset with strong investment appeal. Additional features include off-street parking and a convenient location close to shopping, restaurants, public transportation, and major expressways. Whether you're looking to expand your portfolio or make your next multifamily acquisition, this property is one you won't want to miss. Property is part of a larger portfolio, with additional investment opportunities available individually or as a package. We request that all interested parties respect the tenants, not disturb or approach them, and limit any drive-bys to viewing the property from the street only. Please contact list agent with all questions, thank you!
Rent Includes: TrashCollection, Water
Roof: Asphalt, Shingle
StateOrProvince: NY
Stories: 3
Street Name: Lake
Street Number: 257
Street Number Numeric: 257
Street Suffix: Avenue
Total Taxes: 3884
Assessed Value: 99900
Town: Not Applicable
Utilities: CableAvailable, SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1900
YearBuiltDetails: Existing

Amenities and Features

Other Features
Basement Y/N 1
BlacktopDriveway
ElectricWaterHeater
Has Heating System
NaturalWoodwork

Map

Courtesy Of : Rise Real Estate Services LLC
585-746-4153

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.

Payment Calculator

$ 1,538.13
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,163.14

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