622 Monroe Ave Rochester, NY 14607
- Apartment buildings
- 3,673 SF
- 0.24 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 622 Monroe Ave
- Year built
- 1925
- Lot size
- 0.24 lot acres
- Property size
- 3,673 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located at 622 Monroe Avenue in Rochester, New York. Built in 1925, this two-story building boasts a total of 3,673 square feet situated on a 0.24-acre lot. The property is classified as a Class C multifamily building and currently commands an attractive 7.60% capitalization rate, making it an ideal addition to any investor's portfolio. The asking price is $360,000. The property is zoned C-2 Community Center, offering potential for future development or expansion, subject to local regulations. The building's four units provide consistent rental income. The property's Assessment Parcel Number (APN) is 261400 121.58-1-45.001. This well-located property in Monroe County, New York, with its zip code 14607, presents a compelling opportunity for immediate income generation and long-term appreciation. The coordinates are 43.1452 latitude and -77.5907748 longitude. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.5908
- Latitude
- 43.1452
