Rochester, NY 14612,4725 Lake AVE

$280,000

$319,900

12.5%
Est.Price: ?

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Est. payment /mo

3,388 SqFt


SOLD DATE : 05/26/2023

Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,388 sqft

Price per Sqft $82

Subdivision Marion Ave

MLS Listing ID R1453097

Sold Date 05/26/23

Style Fourplex

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $7,774

Lot Size 3,001 Sqft

Acres 0.0689

Lot Dimensions 30X100

Property Description

BACK ON THE MARKET DUE TO BUYER FINANCING!! Just a Few Steps Away from Ontario Beach and the Port of Rochester Marina in Charlotte is Where You will Find This Fully Rented 4 Unit Property with a Gross Income of $38,100. This Property also Features a Potential 5th UNIT containing approximately 1,000 sq. ft. of partially finished space. This Unit is Perfect For an Owner Occupant or Could Be Excellent Income With Some Modifications. Low Maintenance is the Name of the Game with Newer Vinyl Siding, Vinyl Windows and Glass Block Basement Windows. Electrical Updates Include 5 Newer Electrical Panels, all 5 Meters Moved to the Exterior with a New Meter Bank and New Riser Cable. All Hot Water Tanks are Also Newer. A Brand New C of O is being supplied. Coin Op Laundry Has Been Added in the Basement for Tenant Convenience and Additional Income. This Property Has the Added Benefit of Being Located Within an OPPORTUNITY ZONE. This Feature Could Create a Favorable Tax Situation For a Future Owner. Delayed Showings Until Wed 3/22 @4pm. Delayed Negotiations to Take Place 3/28 @10am.

Location

State NY

County Monroe

Community Marion Ave

Area Rochester City-261400

Direction Follow NY-390 N and Lake Ontario State Pkwy to Lake Ave in Rochester. Property is on the Left just a quick walk from Ontario Beach.

Rooms

Basement Full

Interior

Interior Features Attic

Heating Gas, Hot Water

Flooring Carpet, Tile, Varies, Vinyl

Fireplace No

Window Features Thermal Windows

Appliance Gas Water Heater

Laundry Common Area

Exterior

Exterior Feature Fence

Fence Partial

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Building

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Rochester

Others

Tax ID 261400-047-470-0001-026-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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Listed by Keller Williams Realty Greater Rochester • 585-720-5960
Bought with Keller Williams Realty Greater Rochester

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Michael Paduano

Licensed Associate Real Estate Broker | License ID: 10301221928

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