NOT LISTED FOR SALE

Estimated Value: $94,000 - $115,000

3 Beds
3 Baths
2,451 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $92,000 $38 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $649/month

9 Days on Market

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • High Speed Internet
  • Wood Flooring
  • 2 Car Garage
  • Partially Fenced Property

About This Home

As of July 2024

Attention Investors and Landlords! Rare opportunity to own a well-established 3-unit multi-family home, proudly owned by the seller for over 40 years. With a solid history of occupancy and good standing tenants, this property offers a stable income stream from day one. All units are currently fully occupied, ensuring immediate returns on your investment. While this property boasts a strong foundation for rental income, it is primed for further enhancement. A perfect project for those with a vision for improvement! Whether you're a seasoned investor seeking to expand your portfolio or someone looking to enter the landlord business, this property presents an excellent opportunity to capitalize on the thriving rental market. Don't miss out on the chance to make this multifamily home your next successful investment venture! Delayed group showings only scheduled via showingtime. Delayed negotiations until 6/12 at 12pm.

Last Agent to Sell the Property

Jenna May

Listing by Keller Williams Realty Greater Rochester Brokerage Phone: 585-626-0396 License #10401269656 Listed on: 06/05/2024

Keller Williams Realty Greater Rochester

Co-Listed By

Alexa Leone

Listing by Q & H Referral Brokerage Phone: 585-626-0396 License #10401367618

Last Buyer's Agent

Gloria Magin

Listing by Howard Hanna License #40MA0933865

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,523

Year Built

  • Built in 1937

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Partially Fenced Property

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • On-Street Parking

Home Design

  • Triplex
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 2,451 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Rent includes snow removal, water
  • Tax Lot 11
  • Assessor Parcel Number 261400-106-520-0002-011-000-0000

Community Details

Overview

  • 3 Units
  • 14Th Ward Assn Subdivision

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,523

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Snow Removal, Water
  • Year Built: 1937
  • Unit: 493
  • Attribution Contact: 585-626-0396
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: KWGR
  • Co List Office Phone: 585-362-8900
  • Subdivision Name: 14th Ward Assn
  • Directions: 490 to N Goodman, turn left onto Bay st. Property is on the corner of Bay and 8th st.
  • Architectural Style: Triplex
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Exterior Features: Fence

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Common, Concrete, On Street

Utilities

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

Schools

  • Junior High Dist: Rochester

Lot Info

  • Parcel Number: 261400-106-520-0002-011-000-0000
  • Lot Dimensions: 40X110
  • Lot Size Sq Ft: 4400.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3523.0
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 16, 2024
Sold by
Leone James M and Leone Dolores J
Bought by
Edwards Joseph G
Seller's Agent
Jenna May
Keller Williams Realty Greater Rochester
Buyer's Agent
Gloria Magin
Howard Hanna
List Price
$79,900
Sold Price
$92,000
Premium/Discount to List
$12,100
15.14%
Views
44
Current Estimated Value
$105,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,692
Avg. Annual Appreciation
3.05%
Source: Public Records

Range of Values:

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Average Value
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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
Edwards Joseph G $92,000 Independent Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $92,000 +15.1% $38 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $79,900 -- $33 / 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 $840 $89,700 $5,500 $84,200
2023 $1,162 $56,900 $2,800 $54,100
2022 $1,106 $56,900 $2,800 $54,100
2021 $983 $56,900 $2,800 $54,100
2020 $804 $56,900 $2,800 $54,100
2019 $896 $42,000 $2,800 $39,200
2018 $2,850 $42,000 $2,800 $39,200
2017 $2,850 $42,000 $2,800 $39,200
2016 $896 $42,000 $2,800 $39,200
2015 -- $40,600 $2,800 $37,800
2014 -- $40,600 $2,800 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: R1542893

Upstate New York Real Estate Information Services (UNYREIS)

APN: 261400-106-520-0002-011-000-0000