1768-1780 Saint Paul St, Rochester, NY 14621

31 Unit Apartment Building | $1,350,000 ($43,548/Unit) | 12% Cap Rate | Rochester, NY 14621

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $1,350,000

Property Type
Multifamily
Square Feet
24,198 SF

Listing Contacts

Mark Palazzo
Mark Palazzo
Verified Profile
  • Property Info

Property Overview

Introducing an exciting investment opportunity in Rochester, NY! 1780 Saint Paul presents a 31-unit package featuring multiple buildings across a dynamic location. This package includes a mix of one-bedroom and studio units, with some government-assisted tenants in place. All units are on leases, ensuring stable income flow. The property boasts a gross potential rent of $25,201 per month, offering significant revenue potential. With a favorable cap rate, this investment opportunity is priced attractively at $1,350,000. The property benefits from transferable or new Certificates of Occupancy, setting the stage for a seamless ownership transition. Consider splitting the package for added flexibility. Explore the vibrant community of Rochester with its thriving education and employment sectors, making it an attractive locale for tenants. Don't miss out on this promising investment at 1780 Saint Paul Street, Rochester, NY 14621. Reach out for more details and take advantage of this lucrative real estate offering.

Property Details

Class
C
Year Built
1970
Stories
2
Lot Size (sq. ft)
47,916 SF
Units
31

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