409 Raines PARK, Rochester, NY 14613
409 Raines PARK, Rochester, NY 14613
409 Raines PARK, Rochester, NY 14613
40
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$259,900
Est. payment /mo
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8 Beds
4 Baths
5,658 SqFt
Pending

409 Raines PARK Rochester, NY 14613

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Tiffany Montgomery

Tiffany Montgomery

+1(315) 719-8776

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,658 sqft

Price per Sqft $45

Subdivision Mckee

MLS Listing ID R1699157

Style Fourplex

Bedrooms 8

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1915

Annual Tax Amount $7,095

Lot Dimensions 40X141

Property Sub-Type Multi Family

Property Description

Welcome to 409 Raines Park, a fully occupied cash-flowing investment opportunity! This well-maintained (5,600+ sqft) 4-unit apartment building features four identical spacious floor plans! Each unit offers an enclosed porch, 3 of the units have been recently updated with new flooring, kitchen cabinetry, renovated bathrooms, and fresh paint. The property is equipped with separate utilities for each unit, including four furnaces and four hot water tanks, helping reduce owner operating expenses while offering convenience for tenants. The full basement provides ample storage space and presents the opportunity to generate additional income with coin-operated laundry! The attic level has its own entrance and includes a bathroom which offers exciting potential to create additional living space subject to any required zoning/permit approvals, adding even more value to this income-producing property. Outside, you'll find a (low-maintenance) generously sized backyard that tenants can enjoy! The building's current rent roll produces over 50K annually with the potential to increase through the recent updates! C of O good through October 2027! Don't miss this opportunity to add this immediate cash-flowing asset to your portfolio! Group Showings Only! Sunday July 19th, 1pm-3pm, Tuesday July 21st, 5p-6p and Thursday July 23rd, 5p-7p. Delayed Showings start July 19th. Delayed Negotiations Due July 24th at 12pm! Please allow 24 hours for response.

Location

State NY

County Monroe

Community Mckee

Area Rochester City-261400

Direction Take Lake Ave to Flower City Park Turn Left On Raines PK

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Enclosed Porch, Porch

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Aluminum Siding

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-090-510-0003-004-000-0000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Keller Williams Realty Greater Rochester 585-450-9394

NEARBY SCHOOL & BUSINESS

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Tiffany Montgomery

Tiffany Montgomery

Licensed Real Estate Salesperson | License ID: 10401281052

+1(315) 719-8776

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409 Raines PARK