NOT LISTED FOR SALE

1458 Rochester St Lima, NY 14485

Lima Area
-- Bed
-- Bath
6,987 Sq Ft
2.04 Acre Lot

Sale Details

Date Sold: November 25, 2020

Last sale price $315,000 $45 Per Sq Ft

14 Days on Market

Highlights

  • 2.04 Acre Lot
  • Wood Flooring
  • Baseboard Heating
  • Manor Intermediate School Rated A
  • Agricultural
  • Walk-Up Access

About This Home

As of November 2020

Instantly scale up your rental portfolio with this fully leased 6 unit apartment bldg. + 2,400 SQFT' barn generating solid 6.8% CAP rate, annual income of $50,700.00!! Located in the heart of Lima in the Honeoye Falls School district. Commercially zoned on just over 2 acres with 306’ of frontage along 15A offers more potential revenue streams. Easy to manage with long-term tenants who currently take care of mowing, snow plowing & and gardening services. Near bus lines, colleges and a Lima rental market of 32% will ensure low vacancies. Each unit has separate entrances & utility meters. Ample room for 12+ parking spaces. Charming federal style brick building turned investors dream! Call for rental break down or see attached for quick rent roll MLS only shows average.

Last Agent to Sell the Property

Jason Forte

Listing by Howard Hanna License #10401296519 Listed on: 08/27/2020

Howard Hanna

Last Buyer's Agent

Jason Forte

Listing by Howard Hanna License #10401296519 Listed on: 08/27/2020

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,623

Year Built

  • Built in 1900

Lot Details

  • 2.04 Acre Lot
  • Lot Dimensions are 274x325

Parking

  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 6,987 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Freezer

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Farming

  • Agricultural

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Septic Tank

Community Details

  • 6 Units
  • 4 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes common area maintenance, snow removal, trash collection, water
  • Tax Lot 27
  • Assessor Parcel Number 243289-027-000-0003-027-021-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,623

Year Built

Built in 1900

Lot Details

2.04 Acres

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Lot Features: Agricultural
  • Directions: From HFL Village Take W Main Street to NY-15A South. Home will be on right hand side 1.7 miles.
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
  • Basement: Exterior Entry, Full, Walk-Up Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 2.04
  • Waterfront: No
  • Construction Type: Brick, Stone, Vinyl Siding
  • Exterior Features: Blacktop Driveway, Gravel Driveway, See Remarks

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway

Utilities

  • Heating: Electric, Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Honeoye Falls-Lima

Lot Info

  • Parcel Number: 243289-027-000-0003-027-021-0000
  • Lot Dimensions: 274X325
  • Lot Size Sq Ft: 88862.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 6
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 8623.0
  • Tax Lot: 27

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Nov 20, 2020
Sold by
Bought by
Seller's Agent
Jason Forte
Howard Hanna
Buyer's Agent
Jason Forte
Howard Hanna
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$315,000 None Available
$228,888 Robert A Presutti
$175,000 John C Osborn
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $315,000 -9.7% $45 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $349,000 -- $50 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,262 $340,200 $34,700 $305,500
2024 $11,009 $340,200 $34,700 $305,500
2023 $10,733 $340,200 $34,700 $305,500
2022 $10,003 $340,200 $34,700 $305,500
2021 $8,923 $229,000 $34,700 $194,300
2020 $8,867 $229,000 $34,700 $194,300
2019 $8,586 $229,000 $34,700 $194,300
2018 $8,586 $229,000 $34,700 $194,300
2017 $9,009 $229,000 $34,700 $194,300
2016 $8,956 $229,000 $34,700 $194,300
2015 -- $229,000 $34,700 $194,300
2014 -- $229,000 $34,700 $194,300
Source: Public Records

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Map

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

MLS Number: R1284618

Upstate New York Real Estate Information Services (UNYREIS)
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