Rochester Multifamily Investment
312 Lake Ave Rochester, NY 14608
312 Lake Ave, Rochester, NY, 14608
$1,900,000
For Sale
$1,900,000
Solid brick building with high annual gross income.
Days on Market64
Property Features for 312 Lake Ave
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1920
Listing Agency
RE/MAX Realty Group
(585) 719-3566
Listed by
Colleen M. Bracci · License #30BR1133356
(585) 719-3566
Source
Elliman
Added: May 15 Checked: Jul 15 at 10:01 pm
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Investment Insights
Based on property information with market context.
This solid brick building features 16 studios and 9 one-bedroom apartments. All units have been rehabbed. The property includes 122 new replacement windows, energy-efficient lighting, and boiler controls. A torch down roof and off-street parking are also present. The building has a new Certificate of Occupancy (C of O) at closing. The property's annual gross income is $288,552. The building is located in Edgerton, which offers a variety of housing options, including duplexes, townhouses, single detached homes, and large apartment buildings. The neighborhood features an abundance of green spaces like Edgerton Park, providing peaceful and accessible spots for outdoor activities. A number of supermarkets, restaurants, and coffee shops are conveniently located throughout the area. The bike score is 69, making it bikeable. The walk score is 77, indicating it is very walkable. The transit score is 40, suggesting some transit options are available.
Key Highlights
- Substantial Annual Gross Income: $288,552
- Solid Brick Building with New Certificate of Occupancy (C of O) at closing
- All Units Rehabbed with 16 studios and 9 one‑bedroom apartments
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FAQs
What type of property is this?
Apartment building - Solid brick building with high annual gross income.
Where is this apartment building located?
The property is located at 312 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Substantial Annual Gross Income: $288,552; Solid Brick Building with New Certificate of Occupancy (C of O) at closing; All Units Rehabbed with 16 studios and 9 one‑bedroom apartments