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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