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    Mixed-Use Building with Income Potential Title is generated by Realmo AI

    512 Lyell Ave, Rochester, NY 14606

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    Claim this Listing
    For Sale
    $289,900

    Five apartments and commercial space with income potential.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 24 at 4:16 pm

    Property Features for 512 Lyell Ave

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1910

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    Listing Contact
    Gameel Omar
    Gameel Omar

    Listing agent Gameel Omar License #10401371901

    Listing office WNY METRO ROBERTS REALTY

    Listing date Apr 24, 2026

    Source Elliman

    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 WNY METRO ROBERTS REALTY

    HighLights

    • Income‑generating property with 5 apartments and a commercial space.
    • Billboard generates $1500 annually.
    • Potential to reopen a laundromat in the commercial space.
    • Tenants pay their own electric and gas.
    • Very Walkable location (Walk Score: 77).
    • Motivated sellers considering all reasonable offers.

    Overview

    This mixed-use building features five apartments and a commercial space, presenting an investment opportunity. The building includes three one-bedroom apartments renting for $750 each, one two-bedroom apartment renting for $900, and one studio apartment renting for $650. The commercial space was previously rented for $1200 monthly as a laundromat, offering the potential to reopen the same business. The owner is responsible for heat, water, and trash services, while tenants cover their own electric and gas. Additionally, a billboard on the property generates $1500 annually. The building requires some TLC. The location has a walk score of 77, indicating it is very walkable, a bike score of 59, indicating it is bikeable, and a transit score of 42, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Grandma Gail's Wash ... (Bike/Boat/Book/etc) Store LibertyX Bitcoin ATM Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6426139
    Latitude
    43.164975

    FAQs

    What type of property is this?
    Apartment building - Five apartments and commercial space with income potential.
    Where is this apartment building located?
    The property is located at 512 Lyell Ave Rochester, NY.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: Income‑generating property with 5 apartments and a commercial space.; Billboard generates $1500 annually.; Potential to reopen a laundromat in the commercial space.
    More about this property
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