1780 Saint Paul Street 4 Multifamily Properties Offered at $2,483,820 CAD in Rochester, NY

Introducing an investment opportunity in the city of Rochester, NY! Welcome to 1780 Saint Paul, a 30-unit apartment package that includes multiple residential buildings.? This as-is property offers a mix of 28 one-bedroom apartments and 2 studios, with all Certificates of Occupancy in place.? Benefit from ample off-street parking and a convenient location.? With a monthly gross potential rent of $26,150 and solid financials in place, this property is poised for a savvy investor.? This investment presents a promising potential cash flow opportunity, even after accounting for estimated deferred maintenance costs.? Located in Monroe County, this property is surrounded by a vibrant community and in proximity to top universities and major employers, setting the stage for long-term success.?
Being offered ‘as is’.? Management/vacancy and repair allowance NOT included in cap rate.? Please use your own assumption.? Needs some deferred maintenance.? Fully rented on leases.?