1075 Genesee St
Rochester, NY 14611

Buyer walked!!! Want a great investment property with steady payers and no vacancy? Own your own mini dorm! This place is fully rented with all new 1-year leases walking distance to the U of R. One 2 bedroom and 4 studio apartments have been owned and well maintained by current owners for over 30 years. NETS $35,447!!! That's 11.25% cap rate! Included coin-op laundry yield additional $700+ per year. Tenants each cut 1 check that includes heat, hot water and internet so it's always rented and owner has just 1 boiler and 1 hot water tank to maintain. It's as easy as it gets!