$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 #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
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