About 265 Chili Avenue
Fantastic opportunity to purchase a cash-flowing portfolio of 14 single family homes. Offered at $975,000 - with gross annual rents of $211,400 (this includes a potential ~$16,000 from one vacant property), and annual expenses of $80,113 - this investment package yields a cap rate of 12.48%!! Properties included: 265 Chili Ave; 27 Electric Ave; 161 Cady St; 68 Potomac St; 65 Hoff St; 56 Hoff St; 91 DelMonte St; 15 Gerling Pl; 4 DeJonge St; 109 Jackson St; 309 Augustine St; 385 Hague St; 468 Tremont St; 60 Treyer St. Taxes and assessments listed are *total* for all 14 properties.
Features of 265 Chili Avenue
| MLS® # | R1591724 |
|---|---|
| Price | $975,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,170 |
| Square Footage | 7675 |
| Acres | 0.18 |
| Year Built | 1902 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 265 Chili Avenue |
|---|---|
| Area | Rochester City |
| Subdivision | Genesee-Jefferson |
| City | Rochester |
| County | Monroe |
| State | NY |
| Zip Code | 14611 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Features | Rectangular |
| Parking Spaces | 14 |
| Parking | On Site |
| Garages | On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other, See Remarks |
|---|---|
| Cooling | Other, See Remarks |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Other |
|---|---|
| Lot Description | Rectangular |
| Roof | Other, See Remarks |
| Construction | Other |
School Information
| District | Rochester |
|---|
Additional Information
| Zoning | SFR |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Realty Group |
|---|