Historic Brick Apartment
For Sale
$785,000
1041 Lake Avenue, Rochester, NY 14613
Eleven rental units include a mix of one-bedroom apartments and studios.
Property Size11,676 SF
Price / SF$67.23
Days on Market96
Property Features for 1041 Lake Avenue
General Information
Standard status
Active
Size
11,676 SF
Property subtype
Multi Family Home
Site & Location
Neighborhood
Maplewood
Units
Unit Mix
8 x 1BR, 3 x studio
Multifamily Units
11
Additional Details
Gross Income
$117,900
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$18,155
Amenities
Natural Woodwork
Blacktop Driveway
Building Details
Building Size
11,676 SF
Year Built
1900
Buildings
1
Stories
2
Units
11
Construction
masonry
Listed By:
Julie Lyndaker Robinson
(315) 777-2689
Source:
Crownjulesrealty
Added: Jul 22
Changed: Oct 23
Last Checked: Oct 23 at 10:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Julie Lyndaker Robinson
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Investment Insights
Based on property information with market context.
This 11,676-square-foot multifamily building dates to 1900 and is constructed of brick. Large windows and period architectural details characterize the property. The building contains 11 apartments: eight one-bedroom units and three studios. A newer boiler serves the building, and a new Certificate of Occupancy is to be provided at closing.
Many apartments are occupied by long-term tenants. Most tenants are community organizations with leases and rent guaranteed for one year.
Many apartments are occupied by long-term tenants. Most tenants are community organizations with leases and rent guaranteed for one year.
Key Highlights
- 11,676‑square‑foot brick apartment building built in 1900
- 11 units: 8 one‑bedroom apartments and 3 studios
- Newer boiler
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Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
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Business Placement
Demographics for 14613, NY
14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Eleven rental units include a mix of one-bedroom apartments and studios.
Where is this apartment building located?
The property is located at 1041 Lake Avenue Rochester, NY.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 11,676‑square‑foot brick apartment building built in 1900; 11 units: 8 one‑bedroom apartments and 3 studios; Newer boiler
