NOT LISTED FOR SALE

224 W Maple Ave East Rochester, NY 14445

4 Beds
-- Bath
8,000 Sq Ft
4,800 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $650,000 $81 Per Sq Ft

6 Days on Market

Highlights

  • Programmable Thermostat
  • Rectangular Lot
  • Wood Siding
  • Forced Air Heating System
  • Community Storage Space
  • Carpet

About This Home

As of October 2023

CALLING ALL INVESTORS - CASH COW ALERT!! Very well-maintained and maintenance free 8,000 Sq/Ft block building boasting 4 large 2bdr-1bth apartments, 31 climate-controlled self-storage units, and amply parking. All four apartments are on 1-year written leases. Residents are responsible for their own RG&E service and cable/internet. The self-storage units have a fully integrated security and access system with several cameras and a keypad that you can access remotely. The storage facility was permitted and installed in the Summer of 2020; at that time the gas heater, LED lighting, Overhead doors, access controls, emergency doors, and metal units were all brand new. Listing Agent will host 3 group showings: Sunday the 10th noon-2. Tuesday the 12th 10am-noon. And finally, Wednesday the 13th 3:30 to 5:00pm. Delayed negotiations are on file for Thursday Sept 14th at 1pm sharp.

Last Agent to Sell the Property

Joshua Cresswell

Listing by Revolution Real Estate Brokerage Phone: 585-953-8524 License #10401309954 Listed on: 09/08/2023

Last Buyer's Agent

Lisa Sheldon

Listing by Rochester Commercial R.E.Co. License #40SH1131154

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,904

Year Built

  • Built in 1950

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 8,000 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Rent includes common area maintenance, snow removal, trash collection, water
  • Tax Lot 2
  • Assessor Parcel Number 265801-139-770-0001-002-000

Community Details

Overview

  • 2 Units
  • Vanderbilt Improv Co Subdivision

Amenities

  • Community Storage Space

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $27,382
  • Gross Income $79,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,904

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water
  • Year Built: 1950
  • Attribution Contact: 585-953-8524
  • Lot Features: Rectangular, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Vanderbilt Improv Co
  • Directions: Off 490 in E Rochester. Left on Garfield St. Left on W Maple.
  • Flooring: Carpet, Laminate, Linoleum, Varies, Vinyl
  • Garage Yn: No
  • Interior Features: Storage, Programmable Thermostat
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Commercial,Other
  • Special Features: None

Interior Features

  • Appliances: Dryer, Free-Standing Range, Gas Water Heater, Oven, Refrigerator, Washer
  • Basement: None
  • Basement YN: No
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Brick, Block, Concrete, Wood Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Two Spaces, Driveway, No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storage Facilities

Schools

  • Junior High Dist: East Rochester

Lot Info

  • Parcel Number: 265801-139-770-0001-002-000
  • Lot Dimensions: 40X120
  • Lot Size Sq Ft: 4800.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 79680.0
  • Annual Operating Expense: 27382.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 14904.0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 23, 2023
Sold by
Mcas Llc
Bought by
Tambe-Crevier Homes Llc
Seller's Agent
Joshua Cresswell
Revolution Real Estate
Buyer's Agent
Lisa Sheldon
Rochester Commercial R.E.Co.
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$437,424
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Zanche Family Limited Partnership
Bought by
Mca5 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tambe-Crevier Homes Llc $650,000 Revolution Title Agency
Mca5 Llc $327,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tambe-Crevier Homes Llc $640,000
Previous Owner Mca5 Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $650,000 +8.4% $81 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $599,900 -- $75 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

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 $13,518 $229,800 $33,300 $196,500
2023 $13,518 $229,800 $33,300 $196,500
2022 $13,003 $229,800 $33,300 $196,500
2021 $10,778 $229,800 $33,300 $196,500
2020 $10,882 $229,800 $33,300 $196,500
2019 $10,988 $229,800 $33,300 $196,500
2018 $12,698 $229,800 $33,300 $196,500
2017 $6,049 $229,800 $33,300 $196,500
2016 $10,988 $229,800 $33,300 $196,500
2015 -- $229,800 $33,300 $196,500
2014 -- $229,800 $33,300 $196,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1496266

Upstate New York Real Estate Information Services (UNYREIS)

APN: 265801-139-770-0001-002-000