53 Hoeltzer Street, Rochester, NY 14605

Property Description

Excellent opportunity to own a 4-unit multifamily property with strong income potential. The upper two units are tenant-occupied, each paying $1,000 per month, providing immediate cash flow. The lower two units have been completely renovated and are move-in ready, with projected rents of approximately $1,100 per unit. Recent improvements include freshly painted interiors, updated kitchen cabinets, new flooring, and numerous additional upgrades throughout the lower units. The front porch has been painted and properly addressed, with R.O.W. and permits on file. The property features two brand-new furnaces installed in 2024, a third unit with a newer furnace, and one unit with an older furnace. One hot water tank was installed in February 2024, and the roof is approximately 5 years old. The Certificate of Occupancy (C of O) is currently in process, and the seller will provide a brand-new CofO upon completion. This property is a strong addition to any investor’s portfolio, offering both immediate income from existing tenants and upside potential with newly renovated units. A great opportunity to add a solid asset for long-term cash flow heading into 2026 and beyond. Showings: January 8th from 12:00 PM – 1:00 PM (registration required) Delayed negotiations: January 16th at 6:00 PM