About This Home
This 8-bedroom, 0-bathroom residential multi family at 1041 Lake Avenue in Rochester, NY is listed for $795,000 ($101 per sqft). Built in 1900, the home offers 7,895 sqft of living space on a 1.03 acres lot.
Key Features
- Built in 1900
- 1.03 acre lot
- 2 stories
Property Details
Another Rockin' Rochester Property! A standout investment opportunity featuring a stately historic brick building with timeless curb appeal and a commanding presence along Lake Avenue. This classic multifamily property showcases the enduring craftsmanship and architectural character that make Rochester's historic buildings so desirable.
Large windows, solid masonry construction, and impressive period details create lasting tenant appeal while adding to the property's long-term value. Combining historic charm with strong income-producing potential, this is an excellent opportunity to add a distinctive asset to any investment portfolio.
ELEVEN units, many rented to long term tenants. 8 one bdrms, 3 studios. Most rented to community organization tenants who guarantee a lease and rent for a year. Newer boiler, and new Certificate of Occupancy at closing! Gross rents of $117,900.
Monthly Cost Estimate
$4,252/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1041 Lake Avenue
Rochester, NY 14613
Lakeview Homestead Assn S
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 1041 Lake Avenue is listed at $795,000 ($101/sqft). The estimated monthly payment is $4,252 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 1.03 acre lot, 2 stories. Interior Features: NaturalWoodwork. Exterior Features: BlacktopDriveway.
This property is listed by Colleen M. Bracci and can be reached at 5857193566.