314 Park AVE, Rochester, NY 14607
314 Park AVE, Rochester, NY 14607
314 Park AVE, Rochester, NY 14607
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$1,100,000
Est. payment /mo
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7 Beds
10,242 SqFt
New

314 Park AVE Rochester, NY 14607

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,242 sqft

Price per Sqft $107

Subdivision Hooker

MLS Listing ID R1714111

Bedrooms 7

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $28,598

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 51X181

Property Sub-Type Other

Property Description

Excellent investment opportunity in Rochester's highly desirable Park Avenue neighborhood! This unique 7-unit property features seven spacious 3-bedroom apartments, offering an attractive unit mix in a prime rental location. Two units feature 1.5 baths, with the remaining five offering 1 full bath. Each apartment also includes its own full basement and full walk-up unfinished attic, providing exceptional storage space.

The property contains approximately 9,730 square feet and generates scheduled gross rents of $141,216 annually when fully occupied. Tenants pay their own gas and electric utilities; owner pays water. Current Certificate of Occupancy valid through 12/11/2028.

Six units are currently occupied with leases in place and one unit is available for immediate rental, providing an opportunity for a new owner to place a tenant at current market rent. Offered at $1,100,000. A rare opportunity to acquire seven 3-bedroom units in the heart of the Park Avenue neighborhood.

Location

State NY

County Monroe

Community Hooker

Area Rochester City-261400

Rooms

Basement Full

Interior

Heating Gas, Forced Air, Multiple Heating Units

Cooling Central Air

Flooring Carpet, Hardwood, Laminate, Resilient, Tile, Varies

Fireplaces Number 7

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Exterior

Community Features None

Utilities Available Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Wood Siding

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-121-430-0001-074-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by Tickle Realty, LLC

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Tyler Marschall

Tyler Marschall

Agent License ID: NY# 10401364182

+1(585) 210-8445

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314 Park AVE