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Mixed-Use Building with Income Potential

512 Lyell Ave, Rochester, NY 14606

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For Sale

$289,900

Five apartments and commercial space with income potential.

Type:Investment

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.

We can help!

Listing Contact

Gameel Omar

Learn more

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

We can help!

Listing Contact

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

Location Insight

Map
Local Demand

City: Rochester
County: Monroe
State: New York
Longitude: -77.6426139
Latitude: 43.164975

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For sale
Apartment buildings
NY
Rochester
14606
512 Lyell Ave

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.

512 Lyell Ave, Rochester, NY 14606

Five apartments and commercial space with income potential.

Property Features for 512 Lyell Ave

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Brewery in LaSalle's Landing District

Retail and Office Building

Climate Controlled Self-Storage Facility

Free-Standing Building in Henrietta

Rochester Restaurant Opportunity For Sale

Converted Residential Office Building

Prime Mixed-Use Redevelopment Opportunity

Freestanding Business Building For Sale

Rochester Multifamily Investment Opportunity

Historic Office Redevelopment Building

Retail with Rear Grade Door

Four-Unit Residential Income Property

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