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- beds
- 6
- baths
- 4
- type
- Single Family Home
- sq.ft.
- 3,338
- mls #
- R1701534
2 Open Houses
| Day of week | Date | Time | Hosting Agent |
|---|---|---|---|
| Thu | Jul 30th | 5:00 PM - 6:30 PM |
RARE OPPORTUNITY TO OWN 2 PROVEN NOI/ROI WINNERS IN THE HIGHLY RENTER-DESIRED SOUTH WEDGE! WITH A 7.1% CAP RATE AND AMAZING 9.6% DEBT YIELD (ASSUM. 80/20), IT’S A NO-BRAINER FOR FIRST TIME INVESTORS AND THE EXPERTS!!!!! AMAZING OPPORTUNITY FOR OWNER-OCCUPANT PLUS RENTER, TOO! SISTER PROPERTIES RIGHT NEXT DOOR TO EACH OTHER, FOR EASE OF MANAGEMENT AND MAINTENANCE! EACH HOUSE HAS A 2/1 AND A 1/1, WITH OFF STREET PARKING AND PRIVATE ENTRANCES! 773: DESIGNERS DREAM W/CHARMING FRONT PORCH AND 2ND STORY DECK- GORGEOUS FULL INTERIOR RENOVATIONS TOTALING OVER $75,000 IN BOTH APARTMENTS, RESTORED HARDWOODS, EAT IN KITCHENS, FAMILY ROOMS, BATHS, BEDROOMS! NEW A/C AND FULL EXTERIOR SIDING AND 2014 TEAR OFF ROOF! ALL FURNITURE/DÉCOR REMAINS! EXISTING MGT CO. CAN REMAIN IN SERVICE TO NEW OWNER. CURRENTLY OPERATING AS A SHORT-TERM RENTAL, COULD BE LONGER. UPPER IS 2 BEDROOM/1 BATH W/PRIVATE 2ND STORY DECK. LOWER IS 1 BEDROOM/1 BATH W/PRIVATE PORCH. 777: 12-MONTH RENTAL "WORK HORSE" WITH 0% VACANCY OVER LAST FIVE YEARS!! – ORIGINAL HARDWOODS, FULL KITCHENS, BATHS, WASHERS AND DRYERS IN EACH, W/ BASEMENT STORAGE. BOTH UPPER AND LOWER UNITS ARE RENTED: LOWER MTM WITH 2-YEAR TENANCY, UPPER 12-MONTH LEASE ENDS AUGUST, MAY RENEW. ADDITIONAL CAPITAL IMPROVEMENTS INCLUDE: HOT WATER TANKS, NEW ROOFS 2014, NEW WINDOWS 2012, AIR COND. 2019, GUTTERS 2019!! SEE ATTACHMENTS FOR INDIVIDUAL NOI AND EXPENSES, AND MORE DETAILED INFORMATION ON ALL. THESE PROPERTIES ARE LOCATED IN A CHARMING NEIGHBORHOOD WITHIN THE HISTORIC SOUTH WEDGE AREA, A VIBRANT CITY COMMUNITY WHERE YOU &/OR YOUR TENANTS ARE WITHIN WALKING DISTANCE TO ARTISAN FOOD/BAKE SHOPS, ECLECTIC RESTAURANTS, CAFES, AND BARS, THE GENESEE (RIVER) GATEWAY PARK, HIGHLAND PARK AND IT’S ANNUAL LILAC FESTIVAL. PLENTIFUL DEMAND FROM RENTERS WORKING OR LEARNING AT THE UNIV. OF ROCH, RIT, URMC, HIGHLAND HOSPITAL, THE CITY, AND BEYOND. SQUARE FOOTAGE DIFFERENCE IS THE TOTAL SQFT OF BOTH 773(1,652) & 777(1,686) COMBINED. TAX TOTALS ARE ALSO COMBINED. 773 MEIGS IS $9,111 TOTAL & 777 MEIGS IS $10,008 TOTAL. DELAYED NEGOTIATIONS UNTIL WEDNESDAY 8/5 @ 12:00PM.
Property Details
- school district
- Rochester City
- architecture
- Duplex
- taxes
- $19,119.00
- built
- 1900
- stories
- 2
- MLS#
- R1701534
Interior Features
- Ceiling fan(s)
- Central air
- Forced air heat
- Hot water heat
- Natural gas heat
- Gas water heater
- Cable television available
- Cathedral ceilings
- Ceramic tile flooring
- Wood floors
- Hardwood floors
- Tile flooring
- Full basement
Exterior Features
- Insulated windows
- Deck
- Balcony
- Fenced yard
- Lot acreage is: 0.08
- Lot dimension is: 33X100
- Fenced lot
- Lot sqft: 3300
- Subdivision: J W Etts
- Lot zoned: Residential Multi Use
- Lot number: 60
- Asphalt roof
- Shingle roof
- Paved driveway
- Public water
- Electric Type: Circuit Breakers
- Units in building(s): 4
- Total square feet: 3338
- Living square feet: 3338
- For sale
Hanna Community View What It's Like to Live Near Here
2 Open Houses
| Day of week | Date | Time | Hosting Agent |
|---|---|---|---|
| Thu | Jul 30th | 5:00 PM - 6:30 PM | |
| Sun | Aug 2nd | 11:30 AM - 1:00 PM |
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Mortgage Payment
The approximate monthly principal & interest payment for this property would be $4,106.06.
This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $32,450. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.
Use our Mortgage Payment Calculator to determine a more exact payment estimate.
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