1108 Lake Ave - Apartments FOR SALE


Rochester, NY 14613- Edgerton
$399,900 USD
585-201-6778
1108 Lake Ave, Rochester, NY for Sale
$399,900 USD
Apartments - FOR SALE
1/49
null | Request Cap Rate

1108 Lake Ave
Rochester, NY 14613
Edgerton


HIGHLIGHTS

  • Zoned mixed use
  • versatile set up

OVERVIEW

This impeccably maintained mixed-use property beautifully blends historical charm with exceptional care. Currently home to a gorgeous salon with two historically preserved apartments, one of which has recently been completely renovated! With town approval, this property offers the potential to be converted into three or four units-boasting abundant opportunities. The meticulous care is evident throughout, with more than $275K invested in updates. including a new porch, deck, water line to the road, plumbing, a steel flue in the fireplace, and Andersen 400 oak tilt-out windows. The roof was replaced in 2010 with 50-year shingles, asbestos removal competed and annually maintained mechanics. This is a rare opportunity to own a versatile property brimming with charm and endless potential.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$53 USD /SF

# OF UNITS

4

PRICE/UNIT

$99,975

CAP RATE

Request Cap Rate

% LEASED

70%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R-3 High Density Resi

APN/PARCEL ID

261400-090-670-0002-017-001-0000

ASK ABOUT THIS PROPERTY

Charlene LallyHoward Hanna Real Estate ServicesMore Info
585-201-6778

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Charlene LallyHoward Hanna Real Estate ServicesMore Info
585-201-6778

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.