This property is being offered as part of a solid performing real estate investment portfolio based in the Rochester, NY market. The portfolio consists of 14 properties with 21 total units. Portfolio Properties: 123 Cady St; 25 Costar; 232 Alphonse St; 25 Wilkins St; 4 New York St; 73 Wilkins St; 711 Jay St; 58 Lisbon St; 68 Lisbon St; 276 Parsells Ave; 145 Remington St; 174 Remington St; 588 N Goodman St, 119 Woodbury. Total net operating income (NOI) of $118,641 and an overall cap rate at 7.4%. The properties are managed professionally, and everything is up to code. Ideally, the seller is seeking a buyer for the entire portfolio, but willing to sell these individually or as bundles of properties. New furnace, hot water tank. House sits on a double lot. Two car garage. Will need a new roof in the next 3-4 years. Tax records show two full baths, but there is currently one. No signs on properties. Please give at least 24 hour notice for showings. May not be able to view all 21 units at once. Please do not disturb tenants.
Off market
$63,500
25 Wilkins St, Rochester, NY 14621
5beds
1,716sqft
SingleFamily
Built in 1915
10,454 Square Feet Lot
$63,500 Zestimate®
$37/sqft
$1,989 Estimated rent
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