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    1564 Mount Hope Ave Rochester, NY 14620

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    For Sale
    $599,000

    Two adjacent income properties near Strong Hospital and College Town.

    Lot size:
    0.16 Acres

    Property Features for 1564 Mount Hope Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1930

    Source: Cassara Realty Group Agent Joshua Eisenhart

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

    Overview

    Investment Opportunity Near Strong Hospital

    This investment opportunity includes two adjacent income properties located steps from Strong Hospital and College Town. The properties, to be sold together, comprise a total of 5 units with separate utilities. One unit is commercially zoned, suitable for small businesses such as accounting, law, or therapy practices. Over $100,000 has been invested in updates and remodeling in the past year, including new kitchens in 3 of the units. Currently, 3 of the 5 units are vacant due to recently completed renovations. A newly paved parking lot in the rear and a 2-car garage provide ample off-street parking for tenants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Huang Chia T ... Dentist Mt. Hope Community ... Park

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6196187
    Latitude
    43.1194322

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    FAQs

    What type of property is this?
    Apartment building - Two adjacent income properties near Strong Hospital and College Town.
    Where is this apartment building located?
    The property is located at 1564 Mount Hope Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime location near Strong Hospital and College Town; - Investment opportunity with two adjacent income properties; - Five units with separate utilities, including one commercially zoned unit
    (585) 749-3269
    Request Owner's contact information
    1564 Mount Hope Ave Rochester, NY 14620
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    Rochester, NY 14620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1564 Mount Hope Ave Rochester, NY 14620
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