Turn-key investment opportunity with strong cash flow from day one! This beautifully updated, 3-unit property at 249 Parkway is a premier find for investors seeking robust yields in a strong rental market. With an outstanding rental history, this property offers immediate, reliable cash-flow and is the perfect addition to any real estate portfolio. Unit 1 (occupied) greets you with a charming covered front porch and offers a spacious layout featuring a large kitchen, comfortable living room, 3 bedrooms, and 1 full bathroom (currently generating $1,250/month on a steady month-to-month lease). Unit 2 is located on the side of the home and includes a kitchen, living room, 2 bedrooms, and 1 full bathroom. Unit 3 is positioned upstairs at the rear of the property, offering a dedicated kitchen, an open living/dining area, 2 bedrooms, and 1 full bathroom. Both Unit 2 and Unit 3 are currently vacant but have a proven history of commanding $1,000/month each. Peace of mind is built right in: each unit features fully separate utilities and a current Certificate of Occupancy (C of O). With a total potential monthly gross income of $3,250-translating to a Gross Annual Rental Income of $39,000 when fully occupied. Delayed Negotiations until October 26th at 12:00 pm.
Listing By
Agency Name: Howard Hanna
Agency Contact: 585-389-4009
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 656.09 per month $355.87 Principal & Interest $253.58 Property Tax $46.64 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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249 Parkway | MLS# R1721458
This home located at 249 Parkway, Rochester, NY 14608 is currently listed for sale with an asking price of $159,900. This property was built in 1925 and has 7 bedrooms and 3 full baths with 2436 sq. ft. Parkway is located in the Jones Tr subdivision within the Rochester school district. Search Jones Tr real estate on www.coldwellbankerchoice.com today.