$500,000
$500,000
For more information regarding the value of a property, please contact us for a free consultation.
1522 Mount Hope AVE Rochester, NY 14620
3 Beds
4,236 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,236 sqft
Price per Sqft $118
Subdivision J H Benz
MLS Listing ID R1580166
Sold Date 04/17/25
Bedrooms 3
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $11,207
Lot Size 3,946 Sqft
Acres 0.0906
Lot Dimensions 32X122
Property Sub-Type Commercial
Property Description
Stop dreaming and start owning! This recently remodeled property offers four beautifully updated apartments and a prime storefront in a high-traffic area just steps from Strong Hospital and College Town. Perfectly situated to attract tenants and businesses alike, this property is a true gem for investors!
The apartments include two spacious two-bedroom units, a one-bedroom unit, and a studio, all designed to appeal to tenants seeking proximity to Strong Hospital or the University of Rochester. Current rents are on the low side, leaving room for increased revenue potential.
The storefront, intentionally left vacant, provides endless possibilities for a new owner—whether it's for your own business or to lease out to a tenant. With excellent foot traffic and visibility, it's an ideal location for any business venture. Previously rented to a barber who was paying $1,000 a month, which was very low for the area, but had been a long-term tenant.
Tenants and customers will appreciate the ample parking available in the shared lot with Wendy's, adding even more convenience and appeal.
Properties like this in the College Town business district are rare—don't let this opportunity pass you by!
Delayed Showings begin December 12th.
Delayed Negotiations on December 17th at 12 PM.
24 hours for response to offers.
Take the leap and make this income-producing property yours!
Owner also selling 34-36 South Union St. R1580167
Location
State NY
County Monroe
Community J H Benz
Area Rochester City-261400
Direction Mount Hope near Collegetown next door to Wendy's. Park in the Wendys parking lot next to the building
Rooms
Basement None
Interior
Heating Gas, Baseboard, Hot Water
Cooling Wall Unit(s)
Flooring Carpet, Laminate, Luxury Vinyl, Varies
Fireplace No
Window Features Thermal Windows
Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Laundry Common Area, Coin-operated
Exterior
Exterior Feature Blacktop Driveway, See Remarks
Community Features Laundry Facilities
Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Flat,Membrane,Rubber
Garage No
Building
Lot Description Rectangular
Story 2
Foundation Slab
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Brick,Copper Plumbing
Construction Status Existing
Schools
School District Rochester
Others
Senior Community No
Tax ID 261400-136-610-0003-029-001-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Realty Greater Rochester