367 Genesee Street Rochester, NY 14611
Other
MLS #: R1579683
Courtesy Of eXp Realty
Property InformationDescription
This 7-unit multifamily property offers a fantastic investment opportunity. Each townhome-style apartment features 1,100 SF of living space, 3 bedrooms, and one bathroom. It also includes a full basement and attic for ample storage. The units come equipped with a refrigerator and stove, making them move-in ready for tenants.
All units have separate utilities paid by tenants, ensuring low operating expenses for the owner. With market rents averaging $1,400/month for similar 3-bedroom homes, the fully leased potential gross income (PGI) is $9,800/month. One unit is currently occupied, leaving six available to lease and capitalize on the income potential.
* Townhome Style Apartments
* Tenant Paid Utilities
* Basement Storage
* Located on a Bus Line
All units have separate utilities paid by tenants, ensuring low operating expenses for the owner. With market rents averaging $1,400/month for similar 3-bedroom homes, the fully leased potential gross income (PGI) is $9,800/month. One unit is currently occupied, leaving six available to lease and capitalize on the income potential.
* Townhome Style Apartments
* Tenant Paid Utilities
* Basement Storage
* Located on a Bus Line
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Amenities: Cable Ready
- Appliance: Oven
- Appliance: Refrigerator
- Appliance: Range
- Architecture Style: Other
- Building Units: 7
- Exterior Type: Frame
- Floor Covering: Laminate
- Floor Covering: Hardwood
- Floors: 2
- MLSID: R1579683
- Roof Type: Asphalt
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
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