481 Meigs Street, Rochester

Description

Welcome to 481 Meigs Street (14607)! This classic three-family home offers excellent potential for long-term investment income. Located in the heart of Rochester’s highly desirable Pearl–Meigs–Monroe neighborhood, you’ll enjoy close proximity to local dining, shopping, and entertainment. The upper is a 1 bed, 1 bath unit is currently rented for $1,050/mo. The lower unit, also rented for $1,050 per month, is a 2 bed, 1 bath unit. The Studio is a short term rental and rented through Air BNB. Bookings are through June, but not beyond. This Studio comes fully furnished making it completely turnkey averaging 1260/mo. Additional features include a basement with coin-operated laundry for added income, newer roof, 3 newer furnaces, freshly painted exterior, gleaming hardwood floors throughout all units, 100 Amp services for each apartment, and designated off-street parking with 3.5 bay garage. The property also comes with a transferrable C of O. All appliances will convey with the sale. Don’t miss your chance to add this solid, income-producing property to your portfolio! Negotiations begin Wednesday, May 13th at 4:00 PM.