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865 Lake Avenue, Rochester

$ 1,525,000
865 Lake Avenue, , , ,
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Overview

  • Updated On:
  • July 16, 2026
  • 17,600.00 ft2 Interior
  • 19 Bedrooms
  • 0.14 ac Acres

Description

Another Rockin’ Rochester Property! Attention investors! This solid brick NINETEEN unit apartment building features all 1 bdrm units (rents averaging $1091/mo) and is the definition of a turn-key, cash flowing asset. Comes with a new Certificate of Occupancy at closing. 100% occupied- offering immediate, reliable income from day one. Even better, most tenants rebts are paid through organizations that provide guaranteed rental payments, delivering consistent cash flow and reduced collection concerns. Thoughtfully maintained with numerous efficiency upgrades including all new windows, energy efficient lighting and a boiler equipped with Tekmar controls for improved heating performance and lower operating costs. Hardwood flooring, luxury vinyl plank flooring, plenty of off street parking, kitchens and baths updated. Convenient access to downtown, public transportation, shopping, restaurants, parks, Maplewood Rose Garden and Ontario Beach Park. This one checks all the boxes with strong occupancy, quality improvements and a great rental income with a $248k gross income!

Property Location

Street: 865 Lake Avenue
Tax Area: Rochester City
County:
Postal City: Rochester
State: NY
Zip: 14613
School District: Rochester
Waterfront Y/N: No
HOA Y/N: No
Directions: Lake Ave between Driving Park Ave and Selye Terrace

Property Details

Property Id: 1111686
Price: $ 1,525,000
Property Size: 17,600.00 ft2
Property Lot Size: 0.14 ac
Bedrooms: 19
Waterfront Y/N: No
Basement: Full, PartiallyFinished
Bedrooms Total: 19
Building Sq Ft Total: 17600
Community Features: None
Directions: Lake Ave between Driving Park Ave and Selye Terrace
Electric: CircuitBreakers
Elementary School District: Rochester
Flooring: Hardwood, LuxuryVinyl, Varies
Gross Income: 248820
Heating: Gas, HotWater
High School District: Rochester
Latitude: 43.18111
List Office Name: RE/MAX Realty Group
List Office Phone: 585-719-3500
List Price: 1525000
Listing Id: R1695874
Living Sq Ft: 17600
Longitude: -77.632164
Lot Features: CornerLot, NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Acres: 0.14
Lot Acres: 0.14
Lot Dimensions: 50X128
Middle School District: Rochester
Status: Active
Net Operating Income: 128291
Operating Expense: 94335
Operating Expense Includes: Maintenance, Other, SeeRemarks, WaterSewer
Photos: 34
Possession: CloseOfEscrow, SubjectToTenantRights
Postal City: Rochester
Zip Code: 14613
Description: Another Rockin' Rochester Property! Attention investors! This solid brick NINETEEN unit apartment building features all 1 bdrm units (rents averaging $1091/mo) and is the definition of a turn-key, cash flowing asset. Comes with a new Certificate of Occupancy at closing. 100% occupied- offering immediate, reliable income from day one. Even better, most tenants rebts are paid through organizations that provide guaranteed rental payments, delivering consistent cash flow and reduced collection concerns. Thoughtfully maintained with numerous efficiency upgrades including all new windows, energy efficient lighting and a boiler equipped with Tekmar controls for improved heating performance and lower operating costs. Hardwood flooring, luxury vinyl plank flooring, plenty of off street parking, kitchens and baths updated. Convenient access to downtown, public transportation, shopping, restaurants, parks, Maplewood Rose Garden and Ontario Beach Park. This one checks all the boxes with strong occupancy, quality improvements and a great rental income with a $248k gross income!
Rent Includes: Other, SeeRemarks, SnowRemoval, TrashCollection, Water
Road Frontage: CityStreet
Roof: Flat
StateOrProvince: NY
Stories: 3
Street Name: Lake
Street Number: 865
Street Number Numeric: 865
Street Suffix: Avenue
Total Taxes: 26194
Assessed Value: 760000
Town: Not Applicable
Utilities: CableAvailable, SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1935
YearBuiltDetails: Existing

Amenities and Features

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

Map

Courtesy Of : RE/MAX Realty Group
585-719-3500

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

$ 7,818.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,912.73

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865 Lake Avenue, Rochester

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