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103 Paige Street

103 Paige St, Rochester, NY 14619, USA

IDK

Elevate Realty Group

Pending

$174,900

Property Type

U of R

Date Listed

8/5/21

Lease Expiration

5/31/22

ELEVATE SCORE

Year Built

1915

Size

1,890 sqft

Lot Size

5,149 sqft

9

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NOTES FROM OUR EXPERT

Desirable location for tenants. Great setup, large common parking area. Roof has architectural shingles and appears to be in good condition. Low maintenance. furnace/water heater a bit dated. New C of O that is good for 6 years. Overall low maintenance, great income producing property

FINANCIALS

Income

Gross Annual Rent

$26,400

Total

Expenses

Taxes

Water*

Insurance*

$2,803

$280

$550

Total

*Estimated base on local knowledge of similar property types

Current

Purchase Price

$174,900

Cap Rate

13.01%

Annual Net

$22,763

Pro Forma

Purchase Price

$174,900

Cap Rate

13.01%

Annual Net

$24,163

*Cap Rate does not include maintenance or management

Location

9

Occupancy

10

Financial

9

Condition

8

Maintenance

8

Tenants

9

Property Location

103 Paige St, Rochester, NY 14619, USA

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OUR PROMISE

  • WE MAKE IT EASY

Every Step of the way we simplify the process and help you make educated financial decisions.

  • QUALITY AND PROFESSIONAL SERVICE

We are reliable, responsible, and we care. Your satisfaction and loyalty is always important to us.

  • OUR TEAM TAKES CARE OF YOU

Our team is on it! We stay ahead of the transaction and handle all communication every step of the way

Call today (585) 502-9290

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