221 Spencer St

Rochester NY 14608

6251 sq. ft.

6098 sq. ft.

Other

Currently for sale - view listing

Overview

221 Spencer Street, Rochester, NY presents an opportunity to acquire a 5-unit multifamily asset in Rochester’s Edgerton neighborhood, offered at $299,900. This income-producing property features four 2-bedroom apartments and one 1-bedroom apartment, with all utilities separately metered for streamlined management and expense control. Currently generating $4,375 per month in gross rental income, the property offers immediate cash flow with a defined rent roll in place. The Certificate of Occupancy transfers with the sale and is valid through December 2028. Annual operating expenses are reported at approximately $5,403 for taxes, $3,500 for insurance, $632 for water, and $832 for refuse. Please allow 48 hours for showing requests to notify tenants. Please provide a proof of funds statement or a bank term sheet for financing before showings. Showings are weekdays 10 to 3.

Features

6251 sq. ft. floor area

6098 sq. ft. lot size

Other

Property history for 221 Spencer St

2018

Sold

$110,000

01 Oct 2018 by Michael Fox, of RE/MAX Realty Group

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