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363 Lake Ave, Rochester, NY, 14608

6beds
0baths
6,098sqft
$319,900
$52price/sqft
$3,559/moest. monthly cost
$142,360/yrincome needed

About This Home

Turnkey investment opportunity in the City of Rochester! This well-maintained 6-unit apartment building features six 1-bedroom, 1-bath units, offering strong income potential and flexibility for both investors and owner-occupants. Each unit offers a spacious layout with eat-in kitchens. Currently, 4 units are rented, 1 is owner-occupied, and 1 unit is vacant and producing a monthly gross income of $2,900. Newer gutters, a newer roof, newer soffits, and some vinyl windows are a few of the updates you will find throughout the property. Whether you're looking to expand your portfolio or live in one unit while collecting rental income, this property presents a fantastic opportunity with built-in potential.

Getting Around

77
WalkingVery Walkable
42
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

3/10
School 5 John WilliamsGrades PK-80.6 mi
2/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Composite Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Cooktop,Gas Water Heater,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6

Features

  • Window features: Thermal Windows
  • Flooring: Hardwood,Laminate,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 6,098
  • Total interior livable area: 6,098 sqft

Property

Details

  • Parcel number: 26140010552000010070000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Open,Porch
  • Exterior features: Gravel Driveway

Lot

  • Lot size: 0.25 Acres
  • Features: Irregular Lot,Near Public Transit,Residential Lot
  • Lot size dimensions: 60 x 182

Parking

  • Parking features: Three or more Spaces,No Garage,Shared Driveway