769 Lake Ave Rochester, NY 14613
Edgerton NeighborhoodEstimated payment $3,250/month
About This Home
Introducing 769 Lake Avenue, an investment opportunity in Rochester, NY. This charming 10-unit brick apartment building is all one-bedroom, one-bath apartments and a new boiler installed in 2023. With a total of 5,286 square feet, this property presents a solid cash flow opportunity with all units currently leased to reliable tenants. The building's Certificate of Occupancy is valid until August 2026. Located in the bustling Edgerton neighborhood with a variety of amenities, this property offers a desirable rental income stream. The well-maintained units generate a total monthly rent of $6,850. With a competitive price per square foot and a healthy Cap Rate, this investment promises a strong return. Benefit from the thriving rental market in Rochester, home to prestigious universities, prominent employers, and a diverse population. Don't miss out on this turnkey investment opportunity at 769 Lake Avenue.
Rent Roll and Expense info available own request. Please allow 48 hours to schedule showings. Showings to be weekdays between 10am and 3pm. Proof of funds and proof of financing requested prior to scheduling showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,569
Year Built
- Built in 1920
Lot Details
- 7,661 Sq Ft Lot
- Lot Dimensions are 62x123
- Irregular Lot
Parking
- No Garage
Interior Spaces
- 10 Bedrooms
- 7,022 Sq Ft Home
- 3-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Location
- Property is near public transit
Utilities
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 261400-105-270-0002-015-000-0000
Community Details
Overview
- 10 Units
- Mc Crackenville Subdivision
Building Details
- Operating Expense $11,400
- Gross Income $82,200
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 07/16/2025 07/16/25 | Price Changed | $429,000 | -0.2% | $61 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $429,900 | 0.0% | $61 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $429,900 | +36.5% | $61 / Sq Ft |
| 12/27/2019 12/27/19 | Sold | $315,000 | -4.5% | $45 / Sq Ft |
| 11/03/2019 11/03/19 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | For Sale | $330,000 | -- | $47 / Sq Ft |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1610493
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