Park Meigs
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Park Meigs, NY Homes for Sale
15 Unit Park Avenue Package in Rochester, NY 14607! This prime mixed-use property includes three contiguous buildings with a total of 15 units. All with a strong rental history and cash-paying tenants. This investment opportunity presents a rent roll of over $184,000 annually. Situated in the highly sought-after Park Avenue neighborhood, the buildings have undergone extensive renovations between 2021-2024. The package features separate utilities for two buildings and off-street parking with eight spaces, including a two-car garage. The property projects a net operating income of $117,905 and a cap rate of 9.1 (assuming 5% for vacancy, 5% for repair assumption and 10% for management). P and
Magnificent NOTA charmer! Sprawling 4BR/1.5 bath Victorian located in the historic Neighborhood of the Arts features grand staircase, stained glass, gleaming hardwoods, natural woodwork and soaring ceilings! Old world charm with contemporary flair! 1st floor features a great flow for entertaining with large formal living room w/ cozy gas fireplace, DR w/ custom built-in banquette, remodeled kitchen w/ granite counters, island and all stainless appliances included plus family room with built-in bookshelves and exposed brick. Upstairs find 4 large bedrooms including huge closets, convenient 2nd floor laundry and spacious bath w/ original tile floor and clawfoot tub to add to the exquisite cha
Investment Opportunity available! A prime investment opportunity at 770 Monroe Ave in Rochester's desirable Park Avenue neighborhood. This mixed-use property comprises six units: two commercial storefronts and four two-bedroom apartments. The property has undergone significant renovations, including the addition of breakfast bars and closets, as well as updates to the electrical and plumbing systems. All units are currently rented, providing a stable income stream. Notably, one of the commercial spaces houses a barbershop that has been a tenant for 35 years. Additional features include separate utilities for each unit, all new boilers as of 2019, and some new windows. A new Certificate