Listed by Realty Growth Incorporated
$299,000
Rochester Core Value-Add Triplex
Details
Property Type Multifamily
Square Footage 2,434
Units 3
NOI $33,600
Occupancy 100%
Tenancy Multi
Year Built 1890
Buildings 1
Acreage 0.340
Zoning R2X
Investment Type Value Add
Multifamily | 3 Units
Marketing description
Conveniently located triplex in Rochester with immense upside potential! This versatile property is perfect for a savvy investor looking for a value-add play, a short-term rental conversion, or an owner-occupant. The property features three distinct units, several detached garages (~1,494 SF total), and generous common areas, including a large front yard and back patio. Situated on a 0.34-acre lot with R2X zoning, there is plenty of room to bring your vision and maximize your long-term investment goals. Sold as-is; bring your imagination!
Investment highlights
- Prime Rochester Core investment location
- High-demand short-term rental potential
- Flexible R2X zoning, 0.34 acres
- Large 1,494 SF detached garages
- Immediate value-add, cosmetic TLC needed
- High-yield $2,800 monthly gross income
Listing Contacts
Listed by Realty Growth Incorporated
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,600.00
$2,800.00/mo
Valuation Metrics
0
DSCR
11.24%
Cap Rate
11.24%
ROI
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