201 Lake AVE Rochester, NY 14608
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,167 sqft
Price per Sqft $97
Subdivision Jones
MLS Listing ID R1712947
Bedrooms 9
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $15,955
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50X132
Property Sub-Type Other
Property Description
apartments and recent updates, making it an excellent investment opportunity. A newer boiler installed in 2023 ensures efficient heating, while the 15-year-old roof provides peace of mind for years to come. Residents enjoy the convenience of an on-site, coin-operated laundry. The property features a thoughtful unit layout across three floors. The third floor includes three one-bedroom apartments, two located in the rear and one in the front. The second floor offers four spacious one-bedroom units along with a studio apartment. On the first floor, you'll find two one-bedroom apartments—one with an inviting open front porch and another with a charming side porch— plus an additional studio unit. Units 1-8 pay cooking gas only (LL pays heat & electric). Units 9-11 pay their own gas and electric. With a balanced mix of one-bedroom and studio apartments, along with valuable updates and tenant-friendly amenities, this property could make a solid long-term addition to any investment portfolio. Seller may consider finance with 50% down, 8% interest, 30 year term, balloon in 5 years. Must be sold with 189 -199 Lake, MLS #R1712924
Location
State NY
County Monroe
Community Jones
Area Rochester City-261400
Direction From Lyell Ave go north on Lake Ave. The property is on the left.
Rooms
Basement Full
Interior
Heating Gas, Baseboard, Forced Air, Hot Water
Flooring Ceramic Tile, Luxury Vinyl, Varies
Fireplace No
Window Features Thermal Windows
Appliance Gas Water Heater, See Remarks
Laundry Coin-operated
Exterior
Exterior Feature Blacktop Driveway
Community Features Laundry Facilities
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Membrane,Rubber
Garage No
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Brick,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-105-600-0001-010-000-0000
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
Nearby School & Business
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