367 Genesee Street Rochester, NY 14611
Other
MLS #: R1579683
Courtesy Of eXp Realty
Property InformationDescription
Now available at a reduced price, this 7-unit multifamily property offers a significant upside for investors. Each townhome-style unit features 3 bedrooms, 1 full bathroom, and approximately 1,100 SF of living space, plus private basements and attics ideal for tenants seeking spacious, functional layouts.
Recent improvements include a half-roof tear-off and replacement. All units are separately metered with tenant-paid utilities, keeping operational costs low.
Six of the seven units are currently vacant, offering an excellent opportunity to complete repairs and prepare the property for full lease-up. With market rents at approximately $1,400/month, the projected gross income at full occupancy is $9,800/month.
* Townhome Style Apartments
* Tenant Paid Utilities
* Basement Storage
* Located on a Bus Line
Recent improvements include a half-roof tear-off and replacement. All units are separately metered with tenant-paid utilities, keeping operational costs low.
Six of the seven units are currently vacant, offering an excellent opportunity to complete repairs and prepare the property for full lease-up. With market rents at approximately $1,400/month, the projected gross income at full occupancy is $9,800/month.
* Townhome Style Apartments
* Tenant Paid Utilities
* Basement Storage
* Located on a Bus Line
Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Architecture Style: Other
- Building Units: 7
- Exterior Type: Frame
- Floor Covering: Laminate
- Floor Covering: Hardwood
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: R1579683
- Roof Type: Asphalt
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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