139-141 Spencer Street #141
Rochester, NY 14608

Turnkey residential portfolio consisting of 17 properties, 33 units, offered at a 11.65% cap rate! 298k gross income, 169k NOI annually. See attached pro forma. Reach out to Joe for detailed spreadsheet or additional info. Properties are a mix of Single Family, Two Family, and Three Family houses. (5)- 1 bedroom units, (19)- 2 bedroom units, and (9)- 3 bedroom units. Many upgrades throughout portfolio over the last 3-4 years- roofs, mechanicals, make readies as units turned over. CofO's in progress for following addresses: 8 Morgan St, 135 Spencer St, 139-141 Spencer St, 29 Kingston St, 311 Chili Ave, and 481 Wilkins St. All utilities separated throughout all buildings. MUST be sold as a package.