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49 Cambridge St Rochester, NY 14607

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For Sale
$549,900

Six-unit building near Park Ave, fully rented with parking.

Lot size:
0.10 Acres

Property Features for 49 Cambridge St

General Information

Lot size
0.10 Acres

Building Details

Year built
1930

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Rented Six-Unit Building

This fully rented six-unit building is located steps from Park Ave. The property features replacement windows and a seven-car parking lot. Tenants are responsible for their electric bills, while the landlord covers the heat, which is budgeted at $258 per month. The annual income is $84,420, and annual expenses, including taxes, amount to $30,842, resulting in a 9.74% cap rate. The property can be shown on Tuesdays and Thursdays from 4-5 PM and Saturdays from 11:30 AM to 12:30 PM by appointment.
Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rochester
County
Monroe
State
New York
Longitude
-77.5884685
Latitude
43.149164

FAQs

What type of property is this?
Apartment building - Six-unit building near Park Ave, fully rented with parking.
Where is this apartment building located?
The property is located at 49 Cambridge St Rochester, NY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: - High Cap Rate: 9.74% indicates strong investment potential.; - Fully Rented: Provides immediate income stream.; - Desirable Location: Steps from Park Ave, a highly sought-after area.
More about this property
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