Multi-Family•Low-Rise/Garden•For Sale

Lake Avenue Apartments

769 Lake Avenue, Rochester, New York 14613

Sale Price $330,000
Sale Type Investment
Zoning C-2
Year Built 1900
Gross Bldg 7,022 SqFt
Land Area .18 Acres
Project Size 10
Includes many improvements and updates with remodeled apartments, new boiler, etc. ADDITIONAL DETAILS, FINANCIAL INFORMATION, AND RENT ROLL AVAILABLE UPON REQUEST. Laundry, Restaurants, Dollar General, and The YMCA all within a short walk. Directly on the bus line and desirable for rental. There is a diverse tenant mix consisting of young families, working, disabled, and retired individuals.
  • $36,307 Net Operating Income
  • Turn-Key Operation
  • SEPARATED electric
  • High efficiency boiler
  • Hardwood floors
  • Onsite parking available for tenants
  • Stabilized property with a good number of long-term tenants.
  • Certificate of Occupancy, expires February 2020.
11/1/2019 1:34:00 PM 1/9/2020 1:56:51 PM
Jason Johansen
Licensed Real Estate Salesperson
Keller Williams Greater Rochester West
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