500 1/2 Lyell AVE Pending Save Request In-Person Tour Request Virtual Tour
Rochester,NY 14606
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,732 sqft
Price per Sqft $61
Subdivision Myrtle Hill Subn
MLS Listing ID R1602684
Bedrooms 6
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $6,433
Lot Size 5,719 Sqft
Acres 0.1313
Lot Dimensions 34X168
Property Sub-Type Multi Family
Property Description
Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants.
Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready.
A blacktop parking area at the rear of the building provides convenient off-street parking—an added bonus for tenants and a desirable amenity that enhances overall appeal. And with all four units currently vacant, you have full control over tenant selection and rental strategy from day one.
Each unit has the potential to generate $800–$1,000/month in rent, offering a projected gross monthly income of $3,200–$4,000. Whether you're a seasoned investor or just getting started, this is a rare chance to secure an income-producing asset with the potential for immediate cash flow!
Location
State NY
County Monroe
Community Myrtle Hill Subn
Area Rochester City-261400
Rooms
Basement Full
Interior
Heating Electric,Baseboard
Flooring Luxury Vinyl,Tile,Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected,Water Connected
Building
Lot Description Near Public Transit,Rectangular,Rectangular Lot
Story 2
Sewer Connected
Water Connected,Public
Level or Stories Two
Structure Type Brick,Copper Plumbing,PEX Plumbing
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-105-650-0001-060-000-0000
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard