NOT LISTED FOR SALE
-- Bed
-- Bath
3,034 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: December 16, 2021

Last sale price $320,000 $105 Per Sq Ft

18 Days on Market

Highlights

  • 0.24 Acre Lot
  • Wood Flooring
  • Ceiling Fan
  • Property is near public transit
  • Corner Lot
  • Coin Laundry

About This Home

As of December 2021

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!

Last Agent to Sell the Property

Robert Sloan

Listing by Howard Hanna License #10301201463 Listed on: 09/07/2021

Howard Hanna

Last Buyer's Agent

Jess Peters

Listing by Peters Realty Group License #10311210253

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,372

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 72x139
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 3,034 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes all utilities, common area maintenance, electricity, heat, hot water, snow removal, trash collection, cable TV, water
  • Tax Lot 33
  • Assessor Parcel Number 261400-135-420-0001-033-000-0000

Community Details

Overview

  • 5 Units
  • Frost Subdivision

Amenities

  • Coin Laundry

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $13,393
  • Gross Income $48,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,372

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Common Area Maintenance, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Cable TV, Water
  • ResoLaundryFeatures: Common Area, Coin-operated
  • Lot Features: Corner Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Frost
  • Directions: On the corner of Genesee and Congress
  • Flooring: Carpet, Hardwood, Varies
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing Unknown
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Gravel Driveway

Garage/Parking

  • Parking Features: One Space

Utilities

  • Heating: Gas, Radiant
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Rochester

Lot Info

  • Parcel Number: 261400-135-420-0001-033-000-0000
  • Lot Dimensions: 72X139
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 48840.0
  • Annual Operating Expense: 13393.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6372.0
  • Tax Lot: 33
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $320,000 +1.6% $105 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $314,900 0.0% $104 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $314,900 -- $104 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,899 $320,000 $21,100 $298,900
2023 $1,283 $105,000 $21,100 $83,900
2022 $1,552 $105,000 $21,100 $83,900
2021 $1,439 $105,000 $21,100 $83,900
2020 $1,300 $105,000 $21,100 $83,900
2019 $1,261 $87,500 $21,100 $66,400
2018 $4,296 $87,500 $21,100 $66,400
2017 $0 $87,500 $21,100 $66,400
2016 $1,261 $87,500 $21,100 $66,400
2015 $4,418 $87,500 $21,100 $66,400
2014 $4,418 $87,500 $21,100 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1364901

Upstate New York Real Estate Information Services (UNYREIS)
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