512 Lyell Avenue, Rochester, NY 14606

$194,900
5,646
SqFt
List Price
$194,900
Status
A-ACTIVE
MLS#
R1194798
Year Built
1910
Dom
1
Stories
2
Acres
0.1506
Living Area
5,646
Subdivision
C O Brien Amd
Region
Not Applicable
Neighborhood
Lyell-Otis

Property Description

Once in a lifetime opportunity! 5,500+ SF brick building consisting of 4 apartments on the 2nd floor and a fully operational laundromat on the first floor that is currently in business. Building is in excellent condition with many functional upgrades such as newer electric service and newer tank-less hot water heaters, making the utility costs surprisingly low for the laundromat business. Laundromat business by itself currently grosses on average approximately $3k per month. All equipment and business is included in the sale. 4 apartments consist of 3 - 1 bedroom units and 1 - 2 bedroom unit. 100% occupied. Gross rental income $2425 per month! New C of O from 2017. You wont find a better opportunity to own a true CASH COW!

Additional Information

Taxes
$5,851
Floor
Vinyl-Some, Wall To Wall Carpet-Some
Exterior
Brick, Brick and Frame
School District
Rochester
Water
Public Connected
Sewer
Sewer Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty GR West.

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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 Real Estate Company shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2019 CNYIS, GENRIS, WNYREIS. All rights reserved.