Description
PRICE REDUCED! 633 SOUTH MAIN ST.-This property consists of one office building with six offices and two (1) bedroom apartments. The building houses a real estate company, a podiatrist, an orthodontist and two (1) bedroom apartments. All utilities are separately metered. Currently there is approximately 2,400 SF of available office space. The building is ideally suited for an owner operator. (This may be purchased separately). 1542 DEWEY AVE.-The property consists of one commercial space housing a delicatessen and a pizza shop, one (4) car garage and two apartment buildings with (4) and (2) apartments respectively. Five of the apartments are (1) bedroom and one apartment is a (2) bedroom. Property is located on a busy Rochester street close to Route 104. Entire property is 100% occupied with leases in place for all commercial spaces and three of the apartments. The garage and the three remaining apartments are rented on a month-to-month basis; however, the tenants for these apartments have been there on an average of 8 years. The property has great cash flow and net operating income. All tenants pay their own utilities with the exception of one of the apartments.This property must be purchased with 633 South Main Street, Newark NY. The mortgage is assumable. |
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Lot Size: 0.24 acres
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Year Built: 1930
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Net Operating Income: $56,534
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Fair market value: $625,000
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Sale Status: Expired
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Price: $499,000
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Facility Size: 6,000 ft.2
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Capitalization Rate: 0.11%
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