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Sold for $519,000 on 02/21/25
  • $519,000

    488 Meigs St, Rochester, NY 14607

    4beds
    4,437sqft
    Quadruplex, Multi Family
    Built in 1925
    -- sqft lot
    $532,900 Zestimate®
    $117/sqft
    $1,997 Estimated rent
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    What's special

    Back on the Market, the deal died due to the buyer's financing. Welcome to this turn-key opportunity in a prime location! This opportunity includes over $50,000 in upgrades and furnishings! This four-family dwelling is a fantastic investment. It boasts four thoughtfully designed units and three fully furnished apartments with luxury modern and farmhouse finishes! This multi-family rental opportunity generates $6,400 monthly and has room to grow. Whether you invest traditionally or Airbnb/short-term, this property can accommodate either strategy seamlessly. The property has a new transferable C of O issued 10/22/2024 and expiring 10/22/2027. These three fully furnished units include all utilities. The fourth unfurnished unit comes with heat/hot water, and the tenant pays for electricity. All units have access to the on-site laundry facility, and the washer/dryer will start with the property. The well-maintained building offers residents a comfortable living experience. Each unit has been remodeled and designed to feature ample natural light, functional layouts, and modern amenities. The property's exterior showcases a blend of curb appeal and low-maintenance landscaping. Don't miss this opportunity to own a versatile and income-producing property in a desirable location.

    Zillow last checked: 7 hours ago

    Listing updated: February 23, 2025 at 03:13pm

    Listed by:

    Dexter T. Craig 585-328-7827,

    North Star Real Estate,

    Erica Cooper 585-503-0533,

    North Star Real Estate

    Bought with:

    Nicollette Draudt, 10401379445

    Keuka Lake & Land Realty Bath

    Source: NYSAMLSs,MLS#: R1568357MLS LogoOriginating MLS: Rochester

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Ceramic Tile, Hardwood, Laminate, Varies
    • Windows: Thermal Windows
    • Basement: Full
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 4,437
    • Total interior livable area: 4,437 sqft

    Property

    Parking
    • Parking features: Gravel, Two or More Spaces
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Private Yard, See Remarks
    Lot
    • Size: 5,048 sqft
    • Dimensions: 40 x 126
    • Features: Near Public Transit, Residential Lot
    Details
    • Parcel number: 26140012158000040350000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Vinyl Siding, Copper Plumbing
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1925

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Rochester
    • Subdivision: Boardman & Meyers

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability