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768/772 Monroe Avenue

Rochester NY 14607

4
7980 sq. ft.
5022 sq. ft.
Other
Currently for sale - view listing

Overview

Introducing an investment opportunity at 770 Monroe Ave, Rochester, NY 14607. This 6-unit mixed-use apartment building boasts 2 storefronts and 4 two bedroom apartments in the desirable Park Avenue neighborhood. This property features recent renovations in 2019, including the addition of breakfast bars, closets, and upgrades to electrical and plumbing systems. All units are fully rented with strong rental histories, providing a stable income stream. The property includes a barbershop that has been a longtime tenant for 35 years. With a brand-new Certificate of Occupancy valid until 2027, updated boilers and some new windows, this investment is primed for success. Rent roll and expenses are available on request. $67,000+ rent roll. Separate utilities. Street parking available. Commercial Bank term sheet and POF requested before showings. 48 hours needed to schedule showings for Monday through Friday 10am to 3pm.

Features

4 bedrooms
7980 sq. ft. floor area
5022 sq. ft. lot size
Other

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Local market activity for 4 bedroom other properties in Rochester

In the last 12 months, 2 four-bedroom other properties similar to 768/772 Monroe Avenue, have been sold.

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