506 Glenwood Ave
Rochester, NY 14613
Est. P&I payment: $229.16/mo
Description for 506 Glenwood Ave, Rochester, NY 14613
Investors invited to take a look at this turnkey duplex. 25.6% CAP. Great cashflow. Cosmetic Repairs Only. Great buy and hold.
Upstairs Tenant: $725/month
Downstairs Tenant: $700/month
Gross Rents: $17,100/Year
City Taxes: $1,897.74/Year
County Taxes: $638.50/Year
Net Operating Income: $14,063.76
CAP Rate: 25.6% (at $55,000)
Cosmetic Repairs only.
Flooring and Paint.
Upstairs apartment has access to the attic which could be rehabbed in order to increase rent.
New Certificate of Occupancy (good until year 2021.)
Roof – Great shape (10 years old)
2 Furnaces – Newer
Water Heaters - New
My Notes for MLS #R1091490
- Listing Type: Exclusive Right To Sell
- Property Type: Multi-Family Res (2-4) units
- Status: A-Active
- Total Num of Apartments: 2
- Type of Residence: 2 Unit
- Type of Sale: Normal
- Year Built: 1920
- Year Built Description: Existing
- Additional Exterior Features: Cable TV Available,Partially Fenced Yard
- Exterior Construction: Aluminum/Steel,Vinyl
- Foundation Description: Poured
- Lot Dimensions Depth: 78
- Lot Dimensions Frontage: 37
- Lot Information: Corner Lot
- Num of Acres: 0.07
- Parking Driveway: 2 or More Spaces
- Additional Interior Features: Ceiling Fan,Circuit Breakers - Some,Copper Plumbing - Some
- Attic Description: Partially Finished,Stair Access
- Basement Description: Exterior Walkout
- Floor Description: Other - See Remarks
- Kitchen Equip Appl Included: Cooktop - Gas
- Num of Stories: 3
- Sq Ft Total: 2,038
- Heating Fuel Description: Gas
- HVAC Type: Forced Air,Municipal Electric
- Num of Electric Meters: 2
- Num of Gas Meters: 2
- Num of Heating Units: 2
- Sewer Description: Sewer Connected
- Water Heater Fuel: Gas
- Water Resources: Public Connected
- City Village Tax: 1,898
- Operating Expenses Include: Other - See Remarks
- Rent Includes: Other - See Remarks
- Total Taxes: 2,595
- Town County Tax: 697
- School District Name: Rochester
- Accessibility: 32 Inch Doors - some
Street View Not Available
Directions to 506 Glenwood Ave, Rochester, NY 14613
Lexington Ave to Linnet St to Glenwood Ave.
The listing information for 506 Glenwood Ave, Rochester, NY 14613 was graciously provided by our friends at the listing brokerage, Hunt Real Estate ERA/Columbus
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Last Updated 02/23/2018 at 4:43am