127-147 Liberty Pole Way - Apartments FOR SALE


Rochester, NY 14604- Downtown Rochester
$2,500,000 USD
585-623-1500
127-147 Liberty Pole Way, Rochester, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

127-147 Liberty Pole Way
Rochester, NY 14604
Downtown Rochester


HIGHLIGHTS

  • 29 Rented Units
  • 19 Apartments
  • 3 highly visible first-floor retail spaces ideal for storefront businesses
  • 27 Leases
  • 7 professional suites for service-based businesses

OVERVIEW

Amazing investment opportunity: a fully updated 29-unit mixed-use property in the heart of downtown Rochester, offering strong income and diversified revenue streams. This rare asset includes 19 residential apartments (10 one-bedroom and 9 two-bedroom units), delivering consistent rental demand, along with three highly visible first-floor retail spaces ideal for storefront businesses seeking foot traffic and exposure. Additionally, a separate entrance leads to seven professional suites, perfectly suited for service-based businesses such as salons, massage therapy, boutique offices, or similar uses. Since its purchase in 2021, the property has undergone extensive permitted renovations and upgrades, including newer split systems for air conditioning, updated forced air systems, renovated kitchens and bathrooms, new flooring, lighting, fresh paint throughout, rebuilt balconies, and major improvements across all three storefronts. This turn-key asset offers the perfect blend of residential stability and commercial upside in a prime downtown location, making it an exceptional opportunity for investors seeking both immediate cash flow and long-term growth. Please note: one or more photos may be virtually staged.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

29

PRICE/UNIT

$86,207

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,385 SF

ZONING

CCD-B

APN/PARCEL ID

261400-106-800-0001-013-000-0000

ASK ABOUT THIS PROPERTY

Robert Piazza-PalottoHigh Falls Sotheby's International RealtyMore Info
585-623-1500

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Robert Piazza-PalottoHigh Falls Sotheby's International RealtyMore Info
585-623-1500

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