Pending
1522 Mount Hope Avenue
Rochester NY, 14620
$500,000
$118.04 per sqft
Pending
3 Beds
4,236 sqft
Other
Built in 1920
Stop dreaming and start owning! This recently remodeled property offers four beautifully updated apartments and a prime storefront in a high-traffic area just steps from Strong Hospital and College Town. Perfectly situated to attract tenants and businesses alike, this property is a true gem for investors!
The apartments include two spacious two-bedroom units, a one-bedroom unit, and a studio, all designed to appeal to tenants seeking proximity to Strong Hospital or the University of Rochester. Current rents are on the low side, leaving room for increased revenue potential.
The storefront, intentionally left vacant, provides endless possibilities for a new owner--whether it's for your own business or to lease out to a tenant. With excellent foot traffic and visibility, it's an ideal location for any business venture. Previously rented to a barber who was paying $1,000 a month, which was very low for the area, but had been a long-term tenant.
Tenants and customers will appreciate the ample parking available in the shared lot with Wendy's, adding even more convenience and appeal.
Properties like this in the College Town business district are rare--don't let this opportunity pass you by!
Delayed Showings begin December 12th.
Delayed Negotiations on December 17th at 12 PM.
24 hours for response to offers.
Take the leap and make this income-producing property yours!
Owner also selling 34-36 South Union St. R1580167
R1580166
MLSⓇ ID
December 10, 2024
Listed
December 19, 2024
Updated
Map
1522 Mount Hope Avenue
Rochester NY, 14620
Interior Features
Total Stories
2
Bedrooms
3
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Laundry Description
Common Area, Coin-operated
Floor Description
Carpet, Laminate, Luxury Vinyl, Varies
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Gas, Baseboard, Hot Water
Exterior/Building Features
Lot Size
0.09 Acres
Exterior Features
Blacktop Driveway, See Remarks
Lot Features
Rectangular
Roof
Flat, Membrane, Rubber
Sewer
Connected
School Information
School District
Rochester
Other Property Details
Area Name
Rochester City-261400
Taxes
$11,207
Tax Frequency
Annually
Days on Market
7
Garage
No
Parking
None, No Garage
View
No
County
Monroe
Municipality
Not Applicable
Water Source
Connected, Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/19/2024 | Pending | — |
Courtesy of G & M Properties, Eric S. McQuistion
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Data last updated 5:48 PM UTC, 12/19/2024