Owner moving out of state=your gain...Just check out the price! This Maplewood 2-family is an absolute cash cow or an excellent home for an owner occupant looking to have their mortgage paid for! The downstairs unit was gutted to the studs by the owner! New drywall, gorgeous hardwood floors, new bathroom, new kitchen with bright white cabinets, & more! The upstairs unit was gutted to the studs in the living rm, dining rm, 1 bedroom, & bathroom as well! The upstairs kitchen also features bright white cabinets & tile flooring! Insulation added & wiring updated during renovations. The bonus 3rd floor provides extra space as well as an additional full bath. Showings on 7/20 from 5-7PM or 7/21 from 12-2PM only. Negotiations begin & offers due by 3PM on 7/22! Don't miss out on this opportunity!
Listing by RE/MAX Realty GroupLicense #10401227903Listed on: 07/16/2018
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,544
Year Built
Built in 1914
Lot Details
4,780 Sq Ft Lot
Lot Dimensions are 119 x 40
Rectangular Lot
Home Design
Partial Copper Plumbing
Interior Spaces
2,884 Sq Ft Home
3-Story Property
Woodwork
Ceiling Fan
Thermal Windows
Basement Fills Entire Space Under The House
Flooring
Wood
Laminate
Tile
Attic
Full Attic
Finished Attic
Parking
1 Car Garage
On-Street Parking
Utilities
Multiple Heating Units
Baseboard Heating
Heating System Uses Gas
Programmable Thermostat
Gas Water Heater
Additional Features
Balcony
Property is near a bus stop
Listing and Financial Details
Rent includes refuse removal, water
Tax Lot 7
Assessor Parcel Number 261400-090-560-0001-007-000-0000
Community Details
Overview
2 Units
Mc Kee Place Tr Community
Mc Kee Place Tr Subdivision
Building Details
2 Separate Electric Meters
2 Separate Gas Meters
Operating Expense $1,526
Gross Income $16,500
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,544
Year Built
Built in 1914
Lot Details
0
Listing Details
Annual Operating Expenses: 1526
NY Swis Code: Rochester City-261400
Total Assessed Value: 80000
Gross Annual Income: 16500
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 119
Lot Dimension Front: 40
Lot Information: Near Bus Line, Neighborhood Street
Lot Number: 7
Lot Shape: Rectangular
Nearest Cross Street: Lily St/Norbert St
Number of Stories: 3.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 797629.90
Ratio Close Price By Sq Ft: 30.34
Ratio List Price By Acres: 729261.62
Ratio List Price By Sq Ft: 27.74
Regional Board Code: Rochester
Rent Includes: Refuse Removal, Water
Sub Board Code: Rochester
Type of Residence: 2 Unit, Upper/Lower
Type of Sale: Normal
Year Built Description: Existing
Lot Sq Ft: 4780
Age of Building: 108
Year Built: 1914
Directions To Property: From Dewey Ave & Ridgeway Ave, head south on Dewey to right onto Electric Ave, #483-485 will be on left**From Ridgeway & Lily St, head south on Lily to first stop sign (Electric), turn left & #483-485 will be on right
Additional Exterior Features: Balcony, Thermal Windows - Some
Number of Acres: 0.1097
Garage/Parking
Number of Electric Meters: 2
Number of Garage Spaces: 1.0000
Parking Driveway: Blacktop, Garage, Street
Utilities
Heating Fuel Description: Gas
Hvac Type: Baseboard, Hot Water, Programmable Thermostat
Number of Gas Meters: 2
Number of Heating Units: 2
Separate Utilities: Electricity, Gas, Heat
Sewer Description: Sewer Connected
Water Heater Fuel: Gas
Schools
School District: Rochester
Lot Info
Parcel Number: 261400-090-560-0001-007-000-0000
Rental Info
Certificate of Occupancy: Negotiable
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 3544
MLS Schools
School District Name: Rochester
Ownership History
DateNameOwned ForOwner Type
Oct 2018 - PresentJones Christopher L and Jones Kimberly A6 Years and 7 Months
Private Individual
Purchase Details
Listed on
Jul 16, 2018
Closed on
Oct 22, 2018
Sold by
Boyko Jaymes
Bought by
Jones Christopher L and Jones Kimberly A
Seller's Agent
Kyle Hiscock
RE/MAX Realty Group
Buyer's Agent
Carol Hallenbeck
Howard Hanna
List Price
$80,000
Sold Price
$87,500
Premium/Discount to List
$7,500
9.38%
Total Days on Market
6
Current Estimated Value
$145,919
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,419
Avg. Annual Appreciation
8.15%
Original Mortgage
$63,750
Outstanding Balance
$56,272
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$90,406
Sep 2014 - Oct 2018Boyko Jaymes4 Years and 1 Month
Private Individual
Purchase Details
Listed on
Jul 21, 2014
Closed on
Sep 18, 2014
Sold by
Mitchell Anna L
Bought by
Boyko Jaymes
Seller's Agent
Bob Paulus
RE/MAX Titanium LLC
Buyer's Agent
Kyle Hiscock
RE/MAX Realty Group
List Price
$79,900
Sold Price
$79,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$78,452
Interest Rate
4.5%
Mortgage Type
FHA
Mar 2006 - Sep 2014Mitchell Anna L8 Years and 6 Months
Private Individual
Purchase Details
Closed on
Mar 24, 2006
Sold by
Catalano Orlando R
Bought by
Mitchell Anna L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.26%
Mortgage Type
New Conventional
Jul 2001 - Mar 2006Catalano Orlando4 Years and 8 Months
Private Individual
Purchase Details
Closed on
Jul 9, 2001
Sold by
Stresz William
Bought by
Catalano Orlando
May 2001 - Jul 2001Catalano Orlando R2 Months
Private Individual
Purchase Details
Closed on
May 13, 2001
Sold by
Stresz Olga
Bought by
Catalano Orlando R
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Charming Investment Property in the Desirable Maplewood District! Don’t miss out on this investment opportunity! This property features two units with fantastic features and great potential. The lower unit was completely renovated in 2020, offering modern finishes and comfortable living. The upstairs unit boasts a private balcony, perfect for relaxing outdoors. Both units share a spacious front
Andrew HannanKeller Williams Realty Greater Rochester
Welcome to 284 Lake View Park — an exceptional investment opportunity that combines timeless charm with incredible potential! This duplex features two spacious units—an upper and a lower—each offering 2 bedrooms and 1 full bath, perfectly suited for tenants or owner-occupants alike. Step inside to discover beautifully preserved original woodwork throughout, including stunning exposed wood beams
Andrew HannanKeller Williams Realty Greater Rochester
This two family home has lots of character, Apartment A has 1 bedroom 1 bath along with family room, dining room or office, kitchen with Butler’s pantry, where washer and dryer are located hardwood floors under carpet. French doors leading to front porch. Apartment B located on the second floor has 2 bedrooms, 1 full bath living room kitchen. Laundry hook up and access to the attic. Both
Introducing an incredible opportunity — a completely renovated duplex that truly stands out! Perfect for savvy investors seeking a move-in-ready rental property, this home offers versatility and modern updates throughout. The lower unit features a comfortable 1-bedroom, 1-bath layout, while the upper unit boasts a spacious 3-bedroom, 1-bath design. Both apartments have been thoughtfully refreshed
Andrew HannanKeller Williams Realty Greater Rochester
This well-maintained multi-family property in the heart of Rochester's 19th Ward presents a fantastic investment or owner-occupant opportunity. Featuring two separate units, the lower-level apartment offers 2 spacious bedrooms, 1 full bath, and showcases beautiful original molding that adds timeless character. The upper-level unit includes 3 bedrooms and 1 bath, providing ample living space and
Andrew HannanKeller Williams Realty Greater Rochester
Welcome to 449-451 Clay ave!!! Looking for a great home for a future investment? This true side by side multi family home has a ton of potential. Spacious layout, each side features 2 bedrooms and a full bath, generous eat-in kitchens, dinning area, living rooms and full basement with separate utilities. Each unit has separate ingress and egress with separate access to the basement and attic.
Discover this rare gem in Rochester's Historic Maplewood District—a versatile duplex offering multiple pathways to real estate success. Whether you're seeking an income-producing investment with a possible double-digit cap rate or dreaming of mortgage-free living in an owner-occupied arrangement, this property delivers exceptional value in today's market. Recently updated with a new Certificate
Laura SwoggerKeller Williams Realty Greater Rochester
Well maintained Duplex a street away from Aquinas. Tenant Occupied. Group Viewings Only: Thursday, 3/6 from 1-3PM and Friday, 3/7 from 4-6PM. Very friendly tenants that take care of their units and are up-to-date. One furnace is newer and C of O Expires 6/1/2025.
Here you go! Owner occupied multi family home plus a 3-car garage. Owner's pride shows here! Owners' unit was completely remodeled right down to the studs, in 2012. New insulation, drywall, electrical, recessed lights, new bath with laundry area. Plus, triple glazed windows on second and third floors. The upper owner's unit features a second bedroom on the 3rd floor with complete compliance
Source: Upstate New York Real Estate Information Services (UNYREIS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 483 Electric Ave Unit 485, Rochester, NY 14613 since 16 July 2018 and is currently estimated at $145,919, approximately $50 per square foot. This property was built in 1914. 483 Electric Ave Unit 485 is a home located in Monroe County with nearby schools including RISE Community School No. 106, Virgil Grissom School No. 7, and Dr. Louis A. Cerulli School No. 34.
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