397-399 University Avenue, Rochester, NY 14607

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Property Description

A remarkable three-unit investment opportunity located just minutes from great restaurants, boutique shopping, cafes, and popular local hotspots. This lovingly-maintained multifamily property offers strong rental potential and is an excellent addition to any portfolio-ideal for both new and experienced investors. The Rare, first-floor unit features three bedrooms, two full bathrooms, and the convenience of in-unit laundry. Upstairs, there is a spacious two-bedroom, one-bath apartment, along with a separate one-bedroom, one-bath unit next door. The one-bedroom apartment also includes complimentary laundry access in the basement. Each unit offers comfortable living space with updated kitchens and bathrooms, making this property appealing to both tenants and owner-occupants. Recent improvements include updated windows, gutters, and fresh interior finishes throughout. Additional highlights include a partially fenced yard, off-street parking, and many updates that make this a true turnkey investment opportunity.

397-399 University Avenue | MLS# R1672250

This multi-family property located at 397-399 University Avenue, Rochester, NY 14607 is currently listed for sale with an asking price of $499,900. 397-399 University Avenue is located within the Rochester school district. Search Rochester real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Window Unit(s)
Heating: Gas, Radiator(s)
Home Style: Triplex
Lot Size: 0.11 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $8,659
Year Built: 1920

Amenities

Ceiling Fan(s)
Storage
Programmable Thermostat
Fence

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 8
Exterior: Vinyl Siding, Copper Plumbing, PEX Plumbing
Fencing: Partial
Flooring: Ceramic Tile, Hardwood, Luxury Vinyl, Varies
Laundry: Common Area
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 38X129
Parcel#: 261400-106-820-0002-033-000-0000
Parking: Paved, Parking Available, Two or More Spaces
Parking Notes: Paved, Parking Available, Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 3
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Available
Water: Not Connected, Public
Window: Leaded Glass, Storm Window(s), Thermal Windows

Local Schools

School District: Rochester

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Estimated Payment

$ 1,979.95 per month $1,112.56 Principal & Interest $721.58 Property Tax $145.80 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna
Agency Contact: 585-673-3794

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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