14-22 Lake Avenue

Rochester, NY 14615

$2,500
Price
5
Beds
9,231 Sq. Ft.
$0 / Sq. Ft.
9,231
Sq. Ft.
$0
per Sq. Ft.

Description

Wonderfully maintained mixed-use building on Lake Avenue near Downtown. Excellent visibility with exposure to approximately 20,000 AVPD. Current owner purchased it approximately 13 years ago and completely renovated it with new plumbing, electrical, flooring, drywall, windows, kitchens & bathrooms. The roof is 8 years old and was resealed in 2023. The first floor 3,000 SF retail space has been remodeled and is available for lease at $2,500 per month, plus utilities. It includes a commercial kitchen...Wonderfully maintained mixed-use building on Lake Avenue near Downtown. Excellent visibility with exposure to approximately 20,000 AVPD. Current owner purchased it approximately 13 years ago and completely renovated it with new plumbing, electrical, flooring, drywall, windows, kitchens & bathrooms. The roof is 8 years old and was resealed in 2023. The first floor 3,000 SF retail space has been remodeled and is available for lease at $2,500 per month, plus utilities. It includes a commercial kitchen with Ansel system, stove, grill, deep fryer and 3-bay stainless steel sink. The second floor consists of five one-bedroom apartments in very good condition all occupied with working tenants. All tenants are on a month-to-month lease and have been long-term tenants. The parking lot in the rear of the building plus on-street parking provides parking for approximately 15-20 vehicles. The building is also for sale - terms to be defined. The property is in a favorable City Center Zoning District (CCD-R) and provides for a variety of uses.
  1. Listed by Paul J. Schiliro • Hanna Commercial
    P: (585)-756-7310 C: (585)-756-7312 pschiliro@rochester.rr.com

Property Details for 14-22 Lake Avenue

On Waterfront
No
Parking Description
One Space, Driveway, No Garage
Nearest Cross Street
Cliff St.
LISTING UPDATED: 09/04/2024 10:34 AM

Property Details for 14-22 Lake Avenue

StatusActive
MLS #R1525269
Days on Market258
Taxes$6,968 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1920
Lot Size0.13 AC / 5,510 SF
CountyMonroe County

Building Information for 14-22 Lake Avenue

Stories2Residences5Year Built1920Building Size-Lot Size0.13 AC / 5,510 SF

Property Information for 14-22 Lake Avenue

Summary
Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $6,968.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 9231.0
  • Land Features: Corner Lot, Rectangular
  • Num Of Acres: 0.1265
  • Lot Size Area: 0.1265
  • Lot Size Units: Acres
  • Parcel Number: 261400-106-610-0001-008-000
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $125,000
  • Year Built: 1920
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Num Of Electric Meters: 7
  • Num Of Gas Meters: 6
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks
  • Construction Materials: Frame, Stucco
  • Exterior Features: Blacktop Driveway
  • Roof Description: Flat, Membrane, Rubber
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, See Remarks
  • Basement Description: Partial
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 9231.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $64,860.00
  • Net Operating Income: $49,379.00
  • Number Of Units Total: 5
  • Operating Expenses: $8,513.00
  • Operating Expense Includes: Insurance, Maintenance, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Hot Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 14-22 Lake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 14-22 Lake Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Rise Community School
PublicPK to 6

School 5 John Williams
PublicPK to 8

Vanguard Collegiate High School
Public9 to 12

School 7 Virgil Grissom
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14-22 Lake Avenue is a multi-family home for sale in Rochester, NY 14615. This property was listed for sale on March 9, 2024 by Hanna Commercial, it's currently listed at $2,500. This listing's school district is Rochester City School District. Nearby schools include Rise Community School, School 5 John Williams and Vanguard Collegiate High School. 14-22 Lake Avenue is a 5-bed, 0-bath, 9,231 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hanna Commercial

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