2 Clay Avenue Rochester NY 14613 MLS #R1530458

2 Clay Avenue
Rochester, NY, 14613
$799,000
13 Beds
0 Baths
13,456 SqFt
0.29 Acres
Introducing Maplewood Apartment Building located at 2 Clay Avenue, Rochester, NY 14613! This 13-unit property in the sought-after Maplewood neighborhood offers a prime investment opportunity. Corner location near Ridge. Tenants are responsible for heat, hot water, and electricity, providing ease of management for owners. Off-street parking adds convenience for residents. Solid rent roll generating $11,817 in total monthly income. The seller will secure a new Certificate of Occupancy before closing, offering a smooth transition for the new owner. Don’t miss the chance to own this historic building with great income potential in a thriving rental market.

Rent Roll and expense info available on request. $11,817 rent roll. Over $100,000 in net before management and repair assumptions. Need 48 hours notice for showings. Please provide proof of funds and proof of financing or bank term sheet.

Property Details

Price:
$799,000
MLS #:
R1530458
Status:
Pending
Beds:
13
Baths:
0
Address:
2 Clay Avenue
Type:
Commercial
Subtype:
Other
Subdivision:
Mc Kee
City:
Rochester
Listed Date:
Apr 8, 2024
State:
NY
Finished Sq Ft:
13,456
ZIP:
14613
Lot Size:
0 acres
Year Built:
1925
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2 Clay Avenue
Rochester, NY

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Schools

School District:
Rochester

Interior

Appliances
Gas Water Heater, See Remarks
Flooring
Other, See Remarks
Heating
Gas, Forced Air

Exterior

Community Features
Other, See Remarks
Construction Materials
Composite Siding
Exterior Features
Blacktop Driveway
Parking Features
No Garage
Roof
Asphalt

Financial

Buyer Agent Compensation
3%
Net Operating Income
$121,344
Taxes
$20,460

Map

Community

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