587 University Avenue

Rochester NY 14607

5109 sq. ft.

10143 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Welcome to 587 University Avenue, a well-positioned three-unit property in Rochester’s desirable 14607 area. The first-floor unit is currently vacant and was previously rented for $2,800/month, offering an excellent opportunity for an owner-occupant or investor to occupy one unit while generating rental income from the remaining apartments.The second-floor unit features 3 bedrooms and 1.5 bathrooms and is leased through June 2027 at $1,500/month, with a detached garage available for an additional $100/month. The third-floor unit offers 2 bathrooms and is currently rented for $1,950/month.Recent updates include new HVAC systems on two units and a side condenser approximately 2 years ago, new electrical breakers and house meters approximately 20 years ago, and a water heater approximately 10 years old. Conveniently located near the University of Rochester, Strong Memorial Hospital, shopping, dining, and neighborhood amenities.A great opportunity for an owner-occupant looking to offset their housing costs or an investor seeking a multifamily property with established rental income and additional income potential. Delayed Negotiations until 10/30/2026 @4:20 PM.

Features

10 bedrooms

7 bathrooms

2 carspaces

2 garage spaces

5109 sq. ft. floor area

10143 sq. ft. lot size

Multi-Family

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