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257 Lake Ave, Rochester, NY, 14608

3beds
0baths
5,660sqft
$299,995
$53price/sqft
$3,328/moest. monthly cost
$133,120/yrincome needed

About This Home

Exceptional 5-unit investment opportunity in the City of Rochester! This fully tenant-occupied property features long-term tenants, providing immediate rental income from day one. Property offers 2 Studio apartments, 1 1-bedroom apartment, and 2 2-bedroom apartments . Each unit has been updated over time (see attached update sheet for details), offering a well-maintained asset with strong investment appeal. Additional features include off-street parking and a convenient location close to shopping, restaurants, public transportation, and major expressways. Whether you're looking to expand your portfolio or make your next multifamily acquisition, this property is one you won't want to miss. Property is part of a larger portfolio, with additional investment opportunities available individually or as a package. We request that all interested parties respect the tenants, not disturb or approach them, and limit any drive-bys to viewing the property from the street only. Please contact list agent with all questions, thank you!

Getting Around

80
WalkingVery Walkable
47
TransitSome Transit
58
BikeBikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick,Frame,Other,Copper Plumbing

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Natural Woodwork
  • Window features: Leaded Glass,Storm Window(s),Wood Frames
  • Flooring: Carpet,Hardwood,Laminate,Varies,Vinyl

Heating

  • Heating features: Electric,Hot Water

Interior Area

  • Total structure area: 5,660
  • Total interior livable area: 5,660 sqft

Property

Details

  • Parcel number: 26140010552000010290000000
  • Special condition: Standard

Features

  • Stories: 3
  • Exterior features: Blacktop Driveway

Lot

  • Lot size: 6,342 sqft
  • Features: Corner Lot,Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 48 x 132

Parking

  • Parking features: Two Spaces,No Garage