About 257 Lake Avenue
Exceptional 5-unit investment opportunity in the City of Rochester! This fully tenant-occupied property features long-term tenants, providing immediate rental income from day one. Property features 2 Studio apartments, 1 1-bedroom apartment, and 2 2-bedroom apartments . Each unit has been updated over time (see attached update sheet for details), presenting a well-maintained asset with strong investment appeal. Additional features include off-street parking and a convenient location close to shopping, restaurants, public transportation, and major expressways. Whether you're looking to expand your portfolio or make your next multifamily acquisition, this property is one you won't want to miss. Property is part of a larger portfolio, with additional investment opportunities available individually or as a package. We request that all interested parties respect the tenants, not disturb or approach them, and limit any drive-bys to viewing the property from the street only. Please contact list agent with all questions, thank you!
Features of 257 Lake Avenue
| MLS® # | R1701246 |
|---|---|
| Price | $275,000 |
| Bedrooms | 3 |
| Bathrooms | 0.00 |
| Square Footage | 5,660 |
| Square Footage | 6344 |
| Acres | 0.15 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 257 Lake Avenue |
|---|---|
| Area | Rochester City |
| Subdivision | Edgerton |
| City | Rochester |
| County | Monroe |
| State | NY |
| Zip Code | 14608 |
Amenities
| Utilities | Cable Available, Sewer Connected, Water Connected, Trash Collection, Water |
|---|---|
| Features | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot |
| Parking | Two Spaces, No Garage |
| Garages | Two Spaces, No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Laminate, Varies, Vinyl |
|---|---|
| Interior Features | Natural Woodwork |
| Appliances | Electric Water Heater |
| Heating | Electric, Hot Water |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Brick, Frame, Other, Copper Plumbing |
|---|---|
| Exterior Features | Blacktop Driveway |
| Lot Description | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot |
| Windows | Leaded Glass, Storm Window(s), Wood Frames |
| Roof | Asphalt, Shingle |
| Construction | Brick, Frame, Other, Copper Plumbing |
School Information
| District | Rochester |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Rise Real Estate Services LLC |
|---|