Additional details

Derek Petrone

derek@thepettroneteam.com +1(585) 734-3487

$225,000

Est. payment - /mo

6 Beds

4 Baths

5,683 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,683 sqft

Price per Sqft $39

Subdivision Genesee St Coop Asso

MLS Listing ID R1720276

Style Fourplex

Bedrooms 6

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $4,461

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 40X160

Property Sub-Type Multi Family

Property Description

ATTENTION INVESTORS! Welcome to 157 Arnett Blvd, a turnkey 4-unit investment opportunity in Rochester's 19th Ward with a recent CofO good through 2028! Fully occupied with a strong rental history, this property currently generates $40,500 in annual gross rents with significant room for future rent growth. Affordable housing estimates indicate potential market rents of approximately $61,824 annually. Buy it alone or consider purchasing the fully rented single-family home next door at 163 Arnett Blvd for an exciting 5-unit investment opportunity with shared driveway & 2-car garage. This true 4-unit features four spacious 1-bedroom apartments. First-floor Apts 1 & 2 mirror one another with large living rooms, an additional bedroom/office, eat-in kitchens, full baths, pantry/linen storage & HUGE rear bedrooms with generous closets and access to a shared covered porch. Second-floor Apts 3 & 4 offer bright living rooms, eat-in kitchens, full baths & oversized bedrooms with ample closet space.All units feature classic Rochester oak hardwoods. Three of the four apartments have been renovated in recent years, including two with newer kitchens. The full walk-up attic was historically used as an additional unit and offers future potential—buyer to verify permitted use with the City of Rochester. Each apartment has its own gas furnace & metered electric; hot water is shared. Property features 5 gas & 5 electric meters. Updates include Apt #3 renovation (2020), Apt #2 (2021), Apt #4 (2022), partial roof tear-off (2022), new main water service, new gas furnace Apt #3 & new front steps to the property. Minutes from U of R, Strong Memorial Hospital & the airport. Whether you're growing your portfolio or making your first investment, this fully occupied 4-unit offers immediate income with exciting future potential. Schedule your showing today! Delayed negotiations October 12th @ 2pm.

Location

State NY

County Monroe

Community Genesee St Coop Asso

Area Rochester City-261400

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Laminate, Linoleum, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt,Metal

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Foundation Stone

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Structure Type Wood Siding,Copper Plumbing

Construction Status Existing

Schools

School District Rochester

Others

Tax ID 261400-120-660-0003-033-000-0000

Acceptable Financing Cash, Conventional, Other, See Remarks

Listing Terms Cash, Conventional, Other, See Remarks

Special Listing Condition Standard

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Listed by Keller Williams Realty Greater Rochester 585-341-8660

Nearby School & Business

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Derek Petrone

+1(585) 734-3487

Licensed Real Estate Salesperson License ID: 10401337235

157 Arnett BLVD Rochester, NY 14619

Derek Petrone

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information