Rochester, NY 14607 492 Monroe Avenue # 490
$524,990
1 more
Presented By: Mark J. Palazzo with Rich Realty;
SQFT • 7,308
Home Details
Mixed Use Gem on Monroe - Hit the jackpot with this mixed-use property located at 490 Avenue in the coveted Park Avenue neighborhood of Rochester, NY 14607. 6 units with 4 apartments and 2 stores. Built-in 1920, with extensive renovations since. Separate utilities with all-cash paying tenants. Prime location. This property is perfect for investors looking to capitalize on the vibrant Rochester market. Don't miss this lucrative investment opportunity in one of Rochester's most sought-after neighborhoods! Seller would like this to be packaged with 484 Monroe. Cap rate advertised does NOT include Management or vacancy. Need 48 hours for showings to notify tenants. Showings weekdays 10am to 3pm. P&L and Rent roll available on request.
Presented By: Mark J. Palazzo with Rich Realty;
Interior Features for 492 Monroe Avenue # 490
Bedrooms
Total Bedrooms
Bathrooms
Main Level Bathrooms0
Total Baths
Other Interior Features
BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringOther, SeeRemarks
Heating Y/NYes
Total Fireplaces
Total Stories2
General for 492 Monroe Avenue # 490
AppliancesGasWaterHeater, SeeRemarks
CityRochester
Community FeaturesOther, SeeRemarks
Construction MaterialsBrick
CoolingOther, SeeRemarks
CountyMonroe
Elementary School DistrictRochester
Garage Spaces0.0
Garage Y/NNo
Gross Income78180.0
HeatingGas, Other, SeeRemarks
High School DistrictRochester
LevelsTwo
Lot Size Square Feet3871.0
Lot Size UnitsAcres
MLS AreaRochester City-261400
Middle/Junior School DistrictRochester
Net Operating Income69305.0
Number Of Units Total4
Operating Expense0.0
OwnerPaysOther, SeeRemarks
PossessionCloseOfEscrow
Property ConditionResale
Property Sub Type AdditionalCommercial
Property SubtypeCommercial
Property TypeMultiFamily
Rent IncludesOther, SeeRemarks
RoofOther, SeeRemarks
School DistrictRochester
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories2
Subdivision NameL & H E Boardman Subn
Tax Annual Amount8875.0
Tax Assessed Value268000
Tax Lot34
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
Unit Number490
UtilitiesSewerConnected, WaterConnected
Year Built1920
Year Built DetailsExisting
Exterior for 492 Monroe Avenue # 490
Building Area Total7308.0
Lot Dimensions36X106
Lot FeaturesIrregularLot, NearPublicTransit
Lot Size Acres0.0889
Lot Size Area0.0889
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Parking FeaturesNoDriveway, NoGarage
Water SourceConnected, Public
Waterfront Y/NNo
