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571 University Avenue
Rochester, NY 14607
MLS #R1029780

  • 6,496sq ft
  • 0.2388acres
P-Pending Sale $1,200,000
Est. P&I payment: $4583.19/mo
571 University Avenue, Rochester, NY 14607
  • 571 University Avenue, Rochester, NY 14607 Photo 1
  • 571 University Avenue, Rochester, NY 14607 Photo 2
  • 571 University Avenue, Rochester, NY 14607 Photo 3
  • 571 University Avenue, Rochester, NY 14607 Photo 4
Description for 571 University Avenue, Rochester, NY 14607
BEING SOLD AS A PACKAGE WITH 579 UNIVERSITY NEXT DOOR. Rarely available offering for two exceptional multi-unit investment properties. Both buildings have off-street parking and coin operated laundry. Certificate of Occupancy will be provided. Located across the street from the Memorial Art Gallery in a very high demand neighborhood that is within walking distance to Village Gate, East and Alexander, and Park Ave. Solid cash flow in an area with high appreciation! Very easy to rent apartments that are currently rented below market rate.
MLS #R1029780
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My Notes for MLS #R1029780

General Features

  • Property Type: Commercial/Industrial
  • Status: P-Pending Sale
  • Total Num of Units: 19
  • Type Of Building: Residential
  • Type of Sale: Normal
  • Year Built: 1894
  • Year Built Description: Existing
  • Num of Residential Units: 19
  • Num of 1 Bedroom Units: 8
  • Num of 2 Bedroom Units: 9
  • Num of 3 Bedroom Units: 2

Exterior Features

  • Lot Dimensions Depth: 160
  • Lot Dimensions Frontage: 65
  • Num of Acres: 0.2388
  • Num of Avl Parking Spaces: 12
  • Num of Buildings: 2
  • Roof Description: Shingles

Interior Features

  • Living Quarters Description: Apartment
  • Living Quarters YN: 1
  • Num of Stories: 3
  • Sq Ft Total: 6,496

Utility Features

  • Heating Fuel Description: Gas
  • HVAC Type: Radiant
  • Sewer Water: Public Sewer Connected

Financial Features

  • City Village Tax: 23,605
  • Gross Annual Income: 144,951
  • Incomeexpense Information: Provided By Owner
  • Operating Expenses Include: Advertising,​Electric,​Lease / Rental,​Refuse,​Repairs/Maintenance,​Snow Plow,​Utilities,​Water
  • Total Taxes: 31,555
  • Town County Tax: 7,950

Community Features

  • City Neighborhood: East Avenue
  • County Or Parish: Monroe
  • Location: Residential
  • Nearest Cross Street: Strathallan
  • Subdivision Comm Complex: C Johnson
  • Village: Not Applicable

School Features

  • School District Name: Rochester

Miscellaneous Features

  • Available Documents: Certificate Of Occupancy,​Data Sheet,​Lease/Sublease,​Other - See Remarks
  • Sale Includes: Land and Building
  • Zoning Code: RES


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The listing information for 571 University Avenue, Rochester, NY 14607 was graciously provided by our friends at the listing brokerage, Colleen M. Burke

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P&I Payment $4583.19
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Last Updated 02/17/2018 at 7:30pm
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