346 Flower City Park, Rochester, NY 14615 | MLS R1445675 | Listing Information | Arquette & Associates, Realtors
FOR SALE
$399,000

346 Flower City Park
Rochester, NY 14615

Other
Commercial
7,623
Sq. Ft.
0.1922
Acre Lot
1of
Photos
Map
Courtesy: Eric S. McQuistion - G & M Properties
Arquette Realtors> New York> Rochester> 14615
This one cash flows! This is an 8 unit apartment building with nearly all of the apartments remodeled at turnover. Hardwood floors, paint, etc, there is a brand new tear off roof in 2016, the boiler is less than 10 years old, and all apartments are individually controlled. Apartments have always been rented with no issues with vacancies, we have intentionally left 3 of the units vacant for showings, and flexibility for any buyer. There is a ton of storage on site with a huge locked basement with no tenant access. There are also two vacated studio apartments on the 3rd floor that with some effort could be put back together again (with city permitting). There is also a small garage in the back that is empty giving further opportunity to rent it out to a tenant or separately. Off-street parking for 6+ cars as well. There is so much opportunity here with $6,175 a month in Gross Rent equalling over $74,000.00 a year when fully rented. Delayed showings until 11/18 from 3 to 5, and Monday 11/21 from 3 to 5. Additional showings could be canceled dependent on the strength of any offer submitted. Annual expenses are Lawn $550, Snow $600, RG&E (Heat) $5800, Garbage $3318, Water $1500 - $2000.
R1445675
Commercial - Other, 2 Story
1920
Monroe
0.1922 Acres
Connected,Public
2
Brick,Wood
Connected
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