tomo logo

$559,000

Beds
4
sq ft
7,980

770 Monroe Ave Unit 768, Rochester, NY 14607

770 Monroe Ave Unit 768

Rochester, NY 14607

  • 5 days on market
Investment Opportunity available! A prime investment opportunity at 770 Monroe Ave in Rochester's desirable Park Avenue neighborhood. This mixed-use property comprises six units: two commercial storefronts and four two-bedroom apartments. The property has undergone significant renovations, including the addition of breakfast bars and closets, as well as updates to the electrical and plumbing systems. All units are currently rented, providing a stable income stream. Notably, one of the commercial spaces houses a barbershop that has been a tenant for 35 years. Additional features include separate utilities for each unit, all new boilers as of 2019, and some new windows. A new Certificate of Occupancy is valid until 2028. The property generates an annual rent roll exceeding $67,000. Prospective buyers are asked to provide a commercial bank term sheet and proof of funds before scheduling showings. Showings are available Monday through Friday, between 10 a.m. and 3 p.m., with a 48-hour notice for tenants. P and L available on request.

Details

Property type

Lot size

5,022 sq ft

Price per sq ft

$71

Year built

1920

Annual property taxes

$8,990

Price History

01/16/2025
UNYREIS

UNYREIS #R1584786

Listed
$559,000

Schools & Community

Neighborhood: 

Park Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Rochester

Status: Active

Tomo last checked: 01/22/2025 at 4:05 AM

Listing updated: 01/16/2025 at 6:43 PM

Listed by: Mark J. Palazzo, Rich Realty Phone #: (585) 259-4050

MLS: UNYREIS #R1584786

UNYREIS logo

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