165 Magee Ave - Apartments FOR SALE


Rochester, NY 14613- Edgerton
$750,000 USD
585-259-4050
165 Magee Ave, Rochester, NY for Sale
$750,000 USD
Apartments - FOR SALE
1/1
null | 12% Cap Rate

165 Magee Ave
Rochester, NY 14613
Edgerton


OVERVIEW

Introducing the Maplewood Quad Package located at 182 Birr, 133 Augustine and 165 Magee Streets, Rochester, NY 14613. This unique offering includes three four-family properties nestled in the charming Maplewood neighborhood. With a total of 11,097 square feet and a total annual rent of $128,280, this property package projects a solid investment opportunity. Each property has a new transferable certificate of occupancy, ensuring a smooth transition for the new owner. The flexibility to purchase the package as a whole or individually adds to the appeal of this investment. The surrounding area is rich in amenities and conveniences, with easy access to major employers like the University of Rochester and Rochester Regional Health. With a diverse rental mix, the Maplewood Quad Package presents an attractive option for investors looking to expand their portfolio in the vibrant market of Rochester, NY. Cap is NOT inclusive of management/vacancy assumption or repair assumption.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

12

PRICE/UNIT

$62,500

CAP RATE

12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maplewood Quad Package

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,900 SF

ZONING

-

APN/PARCEL ID

261400-090-590-0001-042-000-0000

ASK ABOUT THIS PROPERTY

Mark PalazzoRich RealtyMore Info
585-259-4050

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Mark PalazzoRich RealtyMore Info
585-259-4050

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