Eco Friendly
Address
301 Central Avenue, Rochester, NY
Price
$ 1,725,000
Property Attributes
  • MLS#R1479588
  • TypeCommercial
  • CountyMONROE
  • CityRochester
  • AreaRochester City
  • NeighborhoodAtwater & Andrews Resubd
  • Zip14605
  • StyleApartment
  • Year Built1885
  • Taxes$ 6911
  • Price$ 1,725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13590
  • Lot Size4,356 SqFt
Data Source:
Greater Rochester AOR (GRAR)
Property Description

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.

Price History
6/21/2023 Listed $1,770,000
9/20/2023 3% - $1,725,000

General Features

Sewer PublicSewer
Heating Gas,ForcedAir
Cooling CentralAir
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Other,SeeRemarks
Zoning CCD-B
Security Features FireSprinklerSystem
Construction Materials Brick,Masonry
Year Built 1885
Stories 4
Township Not Applicable
Property SubType Apartment
County Monroe
Net Operating Income -6911.0
Property Type CommercialSale
Subdivision Name Atwater & Andrews Resubd
Building Features Office
Status Active
Directions From center city,take N Clinton Ave to Cumberland St then take a left. There is a right of way on the right hand side to get into Central Ave. This is a one way street,please be advised.
City Rochester
High School District Rochester
Zoning Description Commercial
Total Units 14
MLS Area Rochester City-261400
Lot Size Square Feet 4356.0
Waterfront Y/N No
Street Name Central
Year Built Details Existing
Tax Annual Amount 6911.0
Property Condition Resale
Lease Considered Y/N No
Days on Market 91
Standard Status Active
Middle/Junior School District Rochester
Elementary School District Rochester
Tax Assessed Value 141300
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 4
Property Sub Type Additional Apartment,MixedUse,Commercial

Interior Features

Flooring Carpet
Total Stories 4
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue

Exterior Features

Parking Features OffSite,OnSite
Water Source Public
Total Parking 4.0
Inclusions Other - See Remarks
Lot Size Area 0.1
Number of Buildings 1
Building Area Total 13590.0
Lot Dimensions 45X120
Lot Size Acres 0.1
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 14605

Price
AVG $690K
$1.73M
Taxes
AVG $4,590
$6,911
Visits
AVG 48
89
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1885
Walkscore
AVG 76
87
Data Provided by Walkscore® not using MLS data

Areas We Cover

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