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David Matrulli

djmsells@yahoo.com +1(315) 225-2271

$ 279,900

Est. payment -/mo

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Pending

221-227 Spencer ST Rochester, NY 14608

6,251 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 6,251 sqft

Price per Sqft $44

Subdivision E L Johnson

MLS Listing ID R1674837

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $5,406

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 48X124

Property Sub-Type Other

Property Description

221 Spencer Street, Rochester, NY presents an opportunity to acquire a 5-unit multifamily asset in Rochester's Edgerton neighborhood, offered at $299,900. This income-producing property features four 2-bedroom apartments and one 1-bedroom apartment, with all utilities separately metered for streamlined management and expense control. Currently generating $4,375 per month in gross rental income, the property offers immediate cash flow with a defined rent roll in place. The Certificate of Occupancy transfers with the sale and is valid through December 2028. Annual operating expenses are reported at approximately $5,403 for taxes, $3,500 for insurance, $632 for water, and $832 for refuse. Please allow 48 hours for showing requests to notify tenants. Please provide a proof of funds statement or a bank term sheet for financing before showings. Showings are weekdays 10 to 3.

Location

State NY

County Monroe

Community E L Johnson

Area Rochester City-261400

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Other, See Remarks

Fireplace No

Appliance Gas Water Heater, See Remarks

Exterior

Exterior Feature See Remarks

Community Features None

Utilities Available Sewer Connected, Water Connected

Roof Type Other,See Remarks

Garage No

Building

Lot Description Irregular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Other,See Remarks

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-105-680-0001-040-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Rich Realty

NEARBY SCHOOLS & PROPERTIES

David Matrulli

Lic. RE Salesperson | License ID: 40MA1126170

+1(315) 225-2271

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