NOTES FROM OUR EXPERT
Great investment opportunity in the heart of the 19th ward! Investor or owner occupant, add this charmer to your portfolio while it lasts! This 2 unit multi-family has been extensively updated top to bottom. New windows, refinished kitchens & baths, refinished flooring, fresh paint. New roof (2018)
FINANCIALS
Income
Gross Annual Rent
$24,000
Total
$24,000
Expenses
Taxes
Water*
Insurance*
$3,381
$280
$550
Total
$4,211
*Estimated base on local knowledge of similar property types
Current
Purchase Price
$150,000
Cap Rate
13.19%
Annual Net
$19,789
Pro Forma
Purchase Price
$150,000
Cap Rate
16.4%
Annual Net
$22,763
*Cap Rate does not include maintenance or management
Location
8
Occupancy
8
Financial
9
Condition
9
Maintenance
8
Tenants
9
Property Location
184 Wellington Ave, Rochester, NY 14611, USA
OUR PROMISE
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WE MAKE IT EASY
Every Step of the way we simplify the process and help you make educated financial decisions.
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QUALITY AND PROFESSIONAL SERVICE
We are reliable, responsible, and we care. Your satisfaction and loyalty is always important to us.
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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
