512 Lyell AveRochester, NY 14606

For Sale
$349,000

Five-unit building, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property located at 512 Lyell Ave, Rochester, NY 14606, presents a compelling investment opportunity. The building comprises five apartment units, currently generating over $4,000 in monthly rental income. Situated in Monroe County, this property offers convenient access to Rochester's amenities and infrastructure. The building's mixed-use zoning allows for flexibility, with a ground-floor laundromat space that was closed in January 2024. While currently inactive, this space presents a potential revenue stream with upgrades to the existing laundry equipment. The asking price for this five-unit apartment building is $349,000. The property's strong rental income stream makes it an attractive investment for those seeking a stable return. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-located, income-producing property in a growing market. The property's location at 43.164650982128194 latitude and -77.6426471833667 longitude provides easy access to local transportation and services. Serious inquiries only.

Highlights

  • $349,000 asking price.
  • Mixed-use, multifamily apartment building.
  • Five-unit building generating $4,000+ monthly rent.
  • First-floor laundromat closed January 2024; requires equipment upgrades for reopening.
  • Located at 512 Lyell Ave, Rochester, NY 14606.

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.164650982128
Longitude
-77.642647183367
512 Lyell Ave, Rochester, New York

FAQs

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512 Lyell Ave
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