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% and nets more than $100k/year!! 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 here are *total* for all 14 properties.
Features of 265 Chili Avenue
MLS® # | R1591738 |
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Price | $975,000 |
Bedrooms | 4 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 2,170 |
Square Footage | 7675 |
Acres | 0.18 |
Year Built | 1902 |
Type | Residential |
Sub-Type | Single Family Residence |
Style | Other |
Status | Active |
Community Information
Address | 265 Chili Avenue |
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Area | Rochester City |
Subdivision | Genesee-Jefferson |
City | Rochester |
County | Monroe |
State | NY |
Zip Code | 14611 |
Amenities
Utilities | Sewer Connected, Water Connected |
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Features | Near Public Transit, Rectangular, Residential Lot |
Parking | Detached, Garage |
# of Garages | 1 |
Garages | Detached, Garage |
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Other, See Remarks |
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Interior Features | Other, See Remarks |
Appliances | Gas Water Heater, See Remarks |
Heating | Gas, Other, See Remarks |
Cooling | Other, See Remarks |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Basement | Full |
Exterior
Exterior | Other, See Remarks |
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Exterior Features | See Remarks |
Lot Description | Near Public Transit, Rectangular, Residential Lot |
Construction | Other, See Remarks |
Foundation | Other, See Remarks |
School Information
District | Rochester |
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Additional Information
Short Sale | No |
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RE / Bank Owned | No |
Listing Details
Office | RE/MAX Realty Group |
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