Neighborhood: Rochester City-261400, Es Hayward Triangular
State: New York
Large duplex, each unit consisting of 2 beds, 1 bath. Hardwood floors, plenty of storage space, fenced yard, 8-car driveway. Each unit has separate utilities. Property sits on a large double lot.
This property is being offered as part of a solid performing real estate investment portfolio based in the Rochester, NY market. The portfolio consists of 14 properties with 21 total units. Portfolio Properties: 123 Cady St; 25 Costar; 232 Alphonse St; 25 Wilkins St; 4 New York St; 73 Wilkins St; 711 Jay St; 58 Lisbon St; 68 Lisbon St; 276 Parsells Ave; 145 Remington St; 174 Remington St; 588 N Goodman St, 119 Woodbury. Total net operating income (NOI) of $118,641 and an overall cap rate at 7.78%. The properties are managed professionally, and everything is up to code. Ideally, the seller is seeking a buyer for the entire portfolio, but willing to sell these individually or as bundles of properties. Please allow at least 24 hours’ notice for all showings.