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182 Hillside Avenue

Rochester NY 14610

6
4
2
3972 sq. ft.
6750 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

LOCATED IN THE HIGHLY DESIRABLE COBBS HILL NEIGHBORHOOD, THIS THREE UNIT MULTI FAMILY OFFERS THE IDEAL COMBINATION OF STEADY INCOME, VALUE ADD POTENTIAL, AND A PATH TO AFFORDABLE HOMEOWNERSHIP. THE PROPERTY FEATURES A VERSALTILE UNIT MIX WITH ONE-3 BEDROOM, ONE-2 BEDROOM, AND ONE 1-BEDROOM, ATTRACTING A WIDE RANGE OF TENANTS AS WELL OFFERING FLEXIBILITY FOR AN OWNER OCCUPANT. CURRENTLY GENERATING $3565 IN GROSS RENT, WITH ALL UNITS BELOW MARKET, THIS PROPERTY PRESENTS IMMEDIATE UPSIDE SIMPLY BY ALIGNING RENTS WITH NEIGHBORHOOD AVERAGES. WITH SEPARATE UTILITIES AND UPDATED MECHANICS, OPERATIONS REMAIN EFFICENT AND LOW MAINTENANCE. INVESTORS WILL APPRECIATE THE CONSISTENT OCCUPANCY, STRONG RENTAL DEMAND, A CLEAR PATH TO INCREASED CASH FLOW, AND LONG TERM APPRECIATION. FOR THE OWNER OCCUPANT THIS IS A EXCEPTIONAL OPPORTUNITY: LIVE IN ONE UNIT AND LET YOUR TENANTS COVER A SIGNIFICANT PART OF YOUR MORTGAGE. ALL WHILE ENJOYING THE CHARM AND CONVENIENCE OF THE COBBS HILL NEIGHBORHOOD.

Features

6 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3972 sq. ft. floor area
6750 sq. ft. lot size
Multi-Family

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Local market activity for 6 bedroom multi families in Rochester

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