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139-141 Spencer Street , #141

Rochester, NY 14608
  • $1,450,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: R1375405
UPDATED: 66 min ago
$1,450,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 35,836
    SQFT
  • $40
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

School District:

Description

Turnkey residential portfolio consisting of 17 properties, 33 units, offered at a 11.65% cap rate! 298k gross income, 169k NOI annually. See attached pro forma. Reach out to Joe for detailed spreadsheet or additional info. Properties are a mix of Single Family, Two Family, and Three Family houses. (5)- 1 bedroom units, (19)- 2 bedroom units, and (9)- 3 bedroom units. Many upgrades throughout portfolio over the last 3-4 years- roofs, mechanicals, make readies as units turned over. CofO's in progress for following addresses: 8 Morgan St, 135 Spencer St, 139-141 Spencer St, 29 Kingston St, 311 Chili Ave, and 481 Wilkins St. All utilities separated throughout all buildings. MUST be sold as a package.

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©2021 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2021-11-27T00:13:44.697.
www.nnywaterfronthomes.com/homes/122859093
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139-141 Spencer Street , #141 Rochester, NY 14608

  • Price: $1,450,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 66 min ago
  • MLS #: R1375405
0
Beds
0
Baths
0
½ Baths
0.15
Acres
35,836
SQFT
$40
$/SQFT
1890
Built
Neighborhood:
Lyell-Otis
County:
Monroe
Area:
Rochester City-261400
School District:
Rochester
Property Description
Turnkey residential portfolio consisting of 17 properties, 33 units, offered at a 11.65% cap rate! 298k gross income, 169k NOI annually. See attached pro forma. Reach out to Joe for detailed spreadsheet or additional info. Properties are a mix of Single Family, Two Family, and Three Family houses. (5)- 1 bedroom units, (19)- 2 bedroom units, and (9)- 3 bedroom units. Many upgrades throughout portfolio over the last 3-4 years- roofs, mechanicals, make readies as units turned over. CofO's in progress for following addresses: 8 Morgan St, 135 Spencer St, 139-141 Spencer St, 29 Kingston St, 311 Chili Ave, and 481 Wilkins St. All utilities separated throughout all buildings. MUST be sold as a package.
Exterior Features

Construction Materials Aluminum SidingCedarComposite SidingSteel SidingVinyl SidingWood Siding Exterior Features Blacktop Driveway Lot Features Residential Lot Parking Features One Space Road Frontage Type City Street Roof Asphalt Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement Full Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileHardwoodLaminateVariesVinyl Heating GasForced Air Heating YN Yes

Property Features

Gross Income 298572 Listing Terms CashConventional Possession Closing Property Sub Type Other Rent Includes Common Area MaintenanceWater Sewer Connected Special Listing Conditions Standard Tax Annual Amount 38849 Utilities Sewer ConnectedWater Connected Water Source ConnectedPublic

Listing information © 2021 CNYIS, GENRIS, WNYREIS. Listing courtesy of Joseph Dimarzo of Key Property Ventures, Llc.
©2021 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor WEICHERT, REALTORS® - Thousand Islands Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than WEICHERT, REALTORS® - Thousand Islands Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2021-11-27T00:13:44.697.
 
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Clayton NY, 13624