63 Rowley St

Rochester NY 14607

11000 sq. ft.

4671 sq. ft.

Other

Currently for sale - view listing

Overview

15 Unit Park Avenue Package in Rochester, NY 14607! This prime mixed-use property includes three contiguous buildings with a total of 15 units. All with a strong rental history and cash-paying tenants. This investment opportunity presents a rent roll of over $184,000 annually. Situated in the highly sought-after Park Avenue neighborhood, the buildings have undergone extensive renovations between 2021-2024. The package features separate utilities for two buildings and off-street parking with eight spaces, including a two-car garage. The property projects a net operating income of $117,905 and a cap rate of 9.1 (assuming 5% for vacancy, 5% for repair assumption and 10% for management). P and L and rent roll available on request. 48 hours notice, proof of funds and a bank term sheet requested to schedule showings.

Features

11000 sq. ft. floor area

4671 sq. ft. lot size

Other

Property history for 63 Rowley St

2022

Sold

$195,000

11 Jul 2022 by Robert Ruhland, of Keller Williams Realty Greater Rochester

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