1557 Mount Hope Ave, Rochester, NY 14620 - MLS #R174463
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1557 Mount Hope Ave
Rochester, NY 14620
Rochester, NY 14620
MLS #R174463
$725,0008 Units
Property Details
Opportunity knocks! Located in area of city where property values have shown the strongest growth! This well maintained building in the center of college and hospital communities! 8 apartments plus 3 store fronts, separate gas and electric meters, every unit clean and well cared for! When city revisions are finished there will be curb cut additional parking spaces!Handy to Strong Hospital, U of R, MCC and RIT, 390 and thruway! Fantastic Location!!!!
- Property Type Apartments - Five or More Units
- Total Apartments 8
- Studio Apartments 2
- 1 Bedroom Apartment 8
Community & Schools
- County Monroe
- Area [NY SWIS Code] Rochester City
- Amenities Included No Amenities,Storage
- Neighborhood Strong
- Town or City Name Rochester
- Island NA
- On Waterfront Y/N No
- School District Rochester
- Middle School Other - See Remarks
Interior Features
- Stories 2
- Basement Description Full,Walkout
- Floor Description Hardwood-Some,Ceramic-Some,Laminate-Some,Wall To Wall Carpet-Some
- Additional Interior Features Attic Fan,Circuit Breakers-Some,Copper Plumbing-Some,Storage,Sump Pump
Exterior Features
- Square Footage 7392
- Lot Dimensions - Frontage 70
- Lot Dimensions - Depth 101
- Acres 0.16
- Lot Information Commercial Zoning,Corner Lot,Near Bus Line
- Exterior Construction Brick,Wood,Other - See Remarks
- Additional Exterior Features Cable TV Available,Wood Screens/Storms-Some
- Garage Spaces per Apt Less Than 1 Space
- Parking Spaces per Apt Less Than 1 Space
- Driveway Description Parking Area,Street,Stone/Gravel
- Roof Description Asphalt,Built-Up/Tar,Other - See Remarks
Appliances & Utilites
- HVAC Type Baseboard Heat-Some,Hot Water-Some,Other - See Remarks,Wall A/C Units-Some
- Water Resource Public Connected
- Water Heater/Fuel Gas
- Heating Fuel Description Gas
- Kitchen Equip/Appl Included In All Apartments,Microwave(s)-Some,Refrigerator,Oven/Range- Freestanding- Some
- Number of Electric Meters 8
- Number of Heating Units 8
- Separate Utilities Gas,Electric
- Sewer Description Sewer Connected
Financial Details
- Gross Annual Income 58500
- Net Operating Income 20885
- Income/Expense Information Tax Return
- Operating Expenses Include Electricity,Advertising,Gas/Oil,Insurance,Pure Water,Refuse,Repairs/Maintenance,Water / Sewer,Other - See Remarks
- Annual Operating Expenses 26952
- 1 Bedroom Average Month Rent 475
- Rent Includes Water
- Total Taxes 10663
- Town/County Tax 2750
- School Tax 7913
- Assessed Value 173400
- Possible Financing Cash Only,Conventional
Miscellaneous Details
- Year Built 1930
- Year Built Description Existing
- Tax Map Number 261400-136-610-0003-038-000-0000
- Certificate of Occupancy Supplied
- Possession At Closing
- Riparian Rights No
Map & Directions
Mt Hope between Crittenden and Westfall
Map for 1557 Mount Hope Ave, Rochester, NY 1462043.1196991-77.6199284
Map locations are not exact and are meant to be an estimated reference only.
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Listing information provided by CNYIS, Inc., GENRIS and WNYREIS.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Buncy Real Estate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. ©2012 New York State Alliance of MLS's. All rights reserved.
Last Updated 05/18/2012
