1522 Mt Hope Avenue

Rochester, NY 14620

$500,000
Price
3
Beds
4,236 Sq. Ft.
$118 / Sq. Ft.
4,236
Sq. Ft.
$118
per Sq. Ft.

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...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
  1. Listed by Eric S. McQuistion • G & M Properties
    P: (585)-568-7275 C: (585)-568-7275 eric@gmprop.com

Property Details for 1522 Mt Hope Avenue

Subdivision Comm Complex
J H Benz
On Waterfront
No
Parking Description
None, No Garage
Nearest Cross Street
Rossiter Rd
LISTING UPDATED: 12/19/2024 12:23 PM

Property Details for 1522 Mt Hope Avenue

StatusPending
MLS #R1580166
Days on Market7
Taxes$11,207 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Commercial
Year Built1920
Lot Size0.09 AC / 3,946 SF
CountyMonroe County

Building Information for 1522 Mt Hope Avenue

Stories2Residences5Year Built1920Building Size-Lot Size0.09 AC / 3,946 SF

Property Information for 1522 Mt Hope 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: $11,207.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 4236.0
  • Land Features: Rectangular
  • Num Of Acres: 0.0906
  • Lot Size Area: 0.0906
  • Lot Size Square Feet: 3946.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-136-610-0003-029-001-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 29
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $381,200
  • Year Built: 1920
  • Year Built Description: Existing
  • Property Sub Type Additional: Commercial
Utilities
  • Electric Service: Circuit Breakers
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Laundry Facilities
  • Construction Materials: Brick, Copper Plumbing
  • Exterior Features: Blacktop Driveway, See Remarks
  • Foundation Description: Slab
  • Roof Description: Flat, Membrane, Rubber
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement Description: None
  • Basement YN: No
  • Num Of Possible Bedrooms: 3
  • HVAC Type: Wall Units
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Luxury Vinyl, Varies
  • Heating: Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Laundry Features: Common Area, Coin Operated
  • Levels: Two
  • Sq Ft Total: 4236.0
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Multi Family
Multi-Family Information
  • Gross Annual Income: $69,600.00
  • Number Of Units Total: 5
  • Operating Expense Includes: Electric, Fuel, Insurance, Maintenance, Professional Management, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Heat, Hot Water, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1522 Mt Hope Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1522 Mt Hope Avenue

Taxable ValueLand$15,100Additions$129,900Total$145,000
Home Facts
Total Finished SqFt4,236 SqFtAbove Grade Finished SqFt4,236 SqFtStories2Lot Size3,904 SqFtStyleOffice BuildingYear Built1948CountyMONROEAPN261400 136.61-3-29.001

Schools near 1522 Mt Hope Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 6
Rating
School
Distance
Anna Murray-Douglass Academy
PublicPK to 8

Joseph C Wilson Magnet High School
Public9 to 12

School 19 Dr Charles T Lunsford
PublicPK to 8

School 4 George Mather Forbes
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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Listing Courtesy of G & M Properties

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.