Welcoming the Masterfully Redeveloped Central Ave Lofts Building to the market. This completely renovated 14 Unit Mixed-Use Property Offers (12) Turnkey Apartments, and (2) Retail Storefronts. The building showcases all new HVAC, Plumbing, Energy Efficient Windows, Water Service (domestic & fully sprinklered), Electric Service, & Common Areas. The apartments sport generous 10 foot ceilings, exposed brick accent walls, brand new flooring, tiled kitchen and restrooms, stainless steel appliances, secured keyless entry, In-unit washer/dryer, granite countertops, and more. The developer spared no costs in bringing this building back online for the Rochester housing market. Located directly off the city’s inter-loop and close to all downtown amenities, business, and employers. Full occupancy, stabilized with recent long term market rate leases. Enjoy a 1.30% Debt Service Coverage Ratio on financing at a 7.25% cap upon entry. Inquire today for more.
Property Details
Price:
$1,725,000
MLS #:
R1479588
Status:
Active
Beds:
0
Baths:
0
Address:
301 Central Avenue
Type:
Commercial
Subtype:
Apartment
Subdivision:
Atwater & Andrews Resubd
City:
Rochester
Listed Date:
Jun 21, 2023
State:
NY
Finished Sq Ft:
13,590
ZIP:
14605
Lot Size:
0 acres
Year Built:
1885
Listing courtesy of NORCHAR, LLC,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-30.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-30.
301 Central Avenue
Rochester, NY
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Schools
School District:
Rochester
Interior
Cooling
Central Air
Flooring
Carpet
Heating
Gas, Forced Air
Exterior
Construction Materials
Brick, Masonry
Parking Features
Off Site, On Site
Roof
Other, See Remarks
Financial
Buyer Agent Compensation
3%
Taxes
$6,911
Map
Community
- Address301 Central Avenue Rochester NY
- CityRochester
- CountyMonroe
- Zip Code14605
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