Description
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.
Location
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Courtesy of: NextHome Brixwood 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 Greater Rochester Association of REALTORS® shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2022 GENRIS. All rights reserved Updated: 1st July, 2022 4:42 PM (UTC)
