167 Main St - Office/Residential FOR SALE


Brockport, NY 14420
$399,999 USD
585-737-3000
167 Main St, Brockport, NY for Sale
$399,999 USD
Office/Residential - FOR SALE
1/2
null | Request Cap Rate

167 Main St
Brockport, NY 14420


HIGHLIGHTS

  • • Landmark multi-family mansion on a prominent corner lot one block from SUNY Brockport.
  • • Four fully occupied residential units provide established in-place rental income.
  • • Generates $92,280 in annual gross income with approximately $54,418 NOI.
  • • Flexible unit mix accommodates up to 15 tenants, supporting diverse housing demand.
  • • Separate electric and gas metering with multi-zone heating for operational efficiency.
  • • Located near campus, public transportation, and downtown amenities that support consistent tenant demand.

OVERVIEW

Prime Investment Opportunity: Historic Multi-Family Mansion near SUNY Brockport Situated on a spacious corner lot just one block from the SUNY Brockport campus, this impressive 9,318 sq. ft. multi-family mansion offers exceptional cash flow and a prime location in the heart of the Village. Located at 167 Main Street (corner of South Street), this landmark property features four separate, tenant-occupied units designed for steady, high-return rental income. Property Highlights: Proven Cash Flow: Generates $92,280 in annual gross income with a strong net operating income of approximately $54,418. Flexible Layout: Features four distinct units, including a massive 8-bedroom layout (UP) and three additional 1-to-3-bedroom apartments (DOWN), accommodating up to 15 total tenants. Prime Location: Just steps from the university campus, public transportation, and downtown village amenities, ensuring consistent and lasting tenant demand. Key Upgrades & Features: Separate utilities (13 electric meters, 4 gas meters, multi-zone heating), covered porches, high-speed internet availability, full basement, and ample off-street parking. Whether expanding an existing portfolio or acquiring a centerpiece multi-family asset in Monroe County, this turnkey money-maker delivers size, location, and reliable returns.This is one the most amazing properties in Brockport! It's a Tremendous Money Maker! Showings start Monday, August 17th at 12:Noon. Negotiations will commence on August 24th at 12:Noon. All offers must have a current and verifiable proof of funds or appropriate financing and should be good for at least 24 hours.

FOR SALE DETAILS

PRICE

$399,999 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial

APN/PARCEL ID

265201-068-680-0002-021-000

ASK ABOUT THIS PROPERTY

Richard MillerResults RealtorsMore Info
585-737-3000

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

Richard MillerResults RealtorsMore Info
585-737-3000

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