Listing ID R1363296
Sold For$995,000
SqFt
10,606
Acres
0.276
Status Closed
County Monroe
Year Built 1927
Property Type Commercial Sale
Property Sub Type Commercial
Wonderful VICTORIAN 8 Unit Masterpiece with carriage house / 5 car garage in sought after EAST AVENUE AREA ! Gorgeous updated & spacious apartments with turret eating areas, built ins, intricate woodwork, wood floors, large closets & soaring ceilings with skylights ! Updated kitchens with GRANITE Counters with glass backsplash ! Tile and Marble baths ! Over 10,000 sf of living space ! Huge covered front gathering porch ! Plenty of paved parking! Full Basement with coin op laundry & storage! Garages add to the rent rolls! Walk to shops, restaurants, bars, coffee shops, galleries and theatres ! Park Avenue 1 Block Away ! GREAT INVESTMENT PROPERTY ! All Appliances updated and included! Gross Income is over 119k and Cap Rate is 8.20 %
County
Monroe
Property Sub Type
Commercial
Property Type
Commercial Sale
Subdivision
Hollister
Year Built
1927
City Region
Homestead Heights
Community Features
Laundry Facilities, Storage Facilities
Directions
Between East Avenue and University
Elementary School District
Rochester
High School District
Rochester
MLS Area Major
Rochester City-261400
Middle Or Junior School District
Rochester
Postal City
Rochester
Township
Not Applicable
Waterfront
no
Buyer Financing
Conventional
Gross Income
115920
Listing Terms
Conventional, VA Loan
Net Operating Income
94980
Operating Expense Includes
Fuel, Insurance, Snow Removal, Trash, Water/Sewer
Owner Pays
Heat, Hot Water, Snow Removal, Water
Possession
Close Of Escrow
Rent Includes
Heat, Hot Water, Snow Removal, Water
Special Listing Conditions
Standard
Tax Annual Amount
20940
Tax Assessed Value
420000
Appliances
Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Basement
yes
Basement Type
Exterior Entry, Full, Walk-Up Access
Fireplace
yes
Fireplaces Total
3
Flooring
Hardwood, Marble, Tile, Varies
Heating
yes
Heating Type
Gas, Oil, Zoned, Baseboard, Forced Air, Hot Water
Interior Features
Ceiling Fan(s), Cathedral Ceiling(s), Storage, Natural Woodwork, Window Treatments, Programmable Thermostat
Laundry Features
Common Area, Coin-operated
Living Area
10606
Stories
3
Stories Total
3
Construction Materials
Brick, Stone, Wood Siding, Copper Plumbing
Electric
Circuit Breakers
Exterior Features
Blacktop Driveway
Lot Features
Rectangular, Residential Lot
Lot Size Area
0.2755
Lot Size Dimensions
60X200
Lot Size Square Feet
12000
Lot Size Units
Acres
Number Of Separate Electric Meters
7
Number Of Separate Gas Meters
7
Number Of Units Total
8
Parking Features
Three or more Spaces, Driveway
Road Frontage Type
City Street
Roof
Asphalt, Pitched
Sewer
Connected
Utilities
Cable Available, High Speed Internet Available, Sewer Connected, Water Available
Water Source
Not Connected, Public
Window Features
Drapes, Thermal Windows
CLIP
6777116250
Human Modified
no
Listing Association
Rochester
Mls Status
Closed
Permission
IDX
Property Condition
Resale
Property Sub Type Additional
Commercial
Year Built Details
Existing
Contact - Listing ID R1363296
Syracuse Realty Group
106 South Main Street
North Syracuse, NY 13212
Phone: 3154100373
Fax: 3154100375
bherzig@syracuserealtygroup.com,ozzie@syracuserealtygroup.com
Data services provided by IDX Broker